Taking out a reverse mortgage requires some due diligence on your and your lender’s part, similar to taking out a traditional ...

With a reverse mortgage, you borrow against the equity in your home, freeing up cash. Here’s what that means when it comes to taxes, senior benefits, and interest rates. It feels like everything costs ...

MBA proposes seven reforms for the HECM and HMBS programs, including new securitization options and changes to mortgage ...

A reverse mortgage is a special type of home loan that allows homeowners 62 and older who have paid off all or most of their mortgage to withdraw some of their home’s equity and convert it into cash.

In turn, more retirees and near-retirees are asking the question of whether opening a reverse mortgage will be worth it in ...

New View Advisors urges HUD to cut upfront MIP and simplify HECM products, citing rising private-label share and MMI Fund strength.

Homeowners have multiple avenues to look into if they want to tap their home equity. A home equity line of credit (HELOC) is one such tool, and while this line of credit offers flexible financing, it ...

Access your equity, remain in your home and get money for expenses in retirement Written By Written by Contributor, Buy Side Mary Beth Eastman is a contributor to Buy Side and finance expert, ...

The Mortgage Bankers Association (MBA) has sent a letter to the FHA/Ginnie Mae in response to a Request for Input (RFI) seeking comments on how to modernize and strengthen the Home Equity Conversion M ...

If you’re a homeowner looking for ways to tap into your home’s equity, two common options you might consider are a reverse mortgage and a home equity loan. Both allow you to use your home’s value to ...

For many retirees, the challenge isn't just making their money last. It's figuring out how to access the wealth they've already built. With inflation still pushing up the cost of groceries, gas and ...

I received a note recently from someone who was outraged at what he considered to be the shark-like and perhaps illegal fees connected with reverse mortgages. The man's elderly friend had obtained a ...