While reverse mortgages can help seniors supplement regular retirement income, they’re also handy for covering expenses seniors might not otherwise be able to meet
About $996 million in Home Equity Conversion Mortgage-backed security pools were created in August, a high for the year
While reverse mortgages are only available to a select group of consumers, the product still makes up a large portion of complaints received by the Consumer Financial Protection Bureau.
The FHA’s new budget reveals that the Obama administration is starting to see reverse mortgages as viable again.
Home Equity Conversion Mortgages started off the fourth quarter of 2014 strong rising almost 30%.
The qualifying age to receive a reverse mortgage is growing by the thousands daily, but the industry is still battling misconceptions and only penetrating 2% of the current market. That’s where you can help. Take our short survey to tell us why you do or do not offer reverse products.
Borrowers cashed out about $8 billion in home equity in the third quarter -- but will the trend continue?
After much delay, HUD has released new guidance for reverse mortgages