As the industry continues to wake up to the post-October 2 world of new principal limit factors and mortgage insurance premiums, here’s a quick refresher on what you may have missed from the ...

Reverse Mortgage Solutions, which is owned by Walter Investment Management Corp., did not respond to requests for comment about its reverse-mortgage business in New York.

These companies, tasked with servicing reverse mortgages on behalf of the Department of Housing and Urban Development, have been in operation from 2014 through 2022.

That was the year an attorney hired by the new servicer, Reverse Mortgage Solutions, followed through on the foreclosure filing, and a judge granted a seizure and short sale, for $250,000.

A reverse mortgage is a type of home loan for seniors that works backward. Rather than making payments to your lender, you receive payments — sort of like an advance on your eventual home sale.

A reverse mortgage may seem enticing if you’re retired and struggling with expenses on a fixed income. However, reverse mortgages come at a cost, so it’s critical to know all the terms upfront ...

Mark Diamond sentenced to over 17 years in reverse mortgage scam 00:22. CHICAGO (CBS) -- A man who pleaded guilty of scamming seniors on the city's South and West sides in a reverse mortgage ...

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