Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors ...

Finance of America Reverse originated more reverse mortgages in 2024 than any other lender, and by a significant margin. The lender offers FHA-backed home equity conversion mortgage (HECM) loans ...

Over the past couple of months, proprietary reverse mortgage activity has been expanding. The HECM market leader has rolled out a new product, leading lenders in the space are singing the praises ...

Hesitant to sign up for a reverse mortgage? CNBC Select outlines the alternatives, including refinancing and home equity loans.

“Today, the reverse mortgage is a very cocooned, proprietary dataset in how it’s done,” Kearns said in November. “Lenders are very specialized in that space.

The most common reverse mortgage, a home equity conversion mortgage (HECM) is insured by the Federal Housing Administration and reserved for homeowners 62 and older. In 2025, HECMs are limited to ...

Home equity is typically an older homeowner’s biggest asset, and they can access it through a reverse mortgage to pay for almost any type of expense. To find the best reverse mortgage companies ...

HIGHLIGHTS. Product typesHECM, proprietary/jumbo reverse mortgage, second-lien credit lineMaximum loan amount$4 ...

Simple Reverse Lending is part of the full-service mortgage company Click n’ Close. It’s been in business since the 1940s. The company’s reverse mortgage team completes all stages of the ...

WEST PALM BEACH, Fla., June 04, 2025 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Onity Group Inc. (NYSE: ONIT) and a leading non-bank mortgage servicer and ...

John Haliburton, who was banned from the Pacers’ last eight home playoff games after he provoked a confrontation with Bucks star Giannis Antetokounmpo on April 29, will be allowed to attend Game ...

CHICAGO (CBS) -- A man who pleaded guilty of scamming seniors on the city's South and West sides in a reverse mortgage scheme was sentenced Thursday. Mark Diamond was sentenced to 205 months—or ...