The Oregon legislature held a hearing last week on a proposed bill that seeks to limit the amount of equity a reverse ...

A bill introduced to the New York state Senate is seeking to bolster the disclosures that reverse mortgage lenders make to ...

Stephanie Bice has introduced a bill that could reverse key changes implemented by the Federal Housing Finance Agency (FHFA).

In chapter 10 of "Inheriting Your Spouse's IRA," author Bill Harris outlines the strategic uses of a reverse mortgage. Reverse mortgages are a type of home loan available to homeowners age 62 and ...

For senior homeowners, one viable option is a reverse mortgage, which is a unique type of mortgage that allows individuals aged 62 or older to convert a portion of their home equity into cash.

A reverse mortgage allows older homeowners to borrow against the equity they've accrued in their home. But unlike the monthly payments required by a home equity loan or HELOC, the debt from a ...

David said the reverse mortgage his mother signed has since been ... why Rev. Robin Hood is pushing for the passage of House Bill 5506 in the Illinois General Assembly. Hood is one of the founding ...

They have a small pension and Social Security but also need additional funds to help provide in-home medical care for Bill, who is 89 and in ill health." Pros of Reverse Mortgages No monthly ...

A reverse mortgage is a loan, and an annuity is insurance Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing ...

President Ronald Reagan signed the bill for HUD to start insuring reverse mortgages in 1988. Technically categorized as Home Equity Conversion Mortgages (HECM), a HECM differs from a standard ...

One option for people in such situations is to take out a reverse mortgage, which lets them draw on their home equity while continuing to live at home. But the loans are costly and complex ...

a reverse mortgage can provide a great service," says Scott Van Den Berg, a certified financial planner and president of Century Management Financial Advisors. "For example, my clients Bill and ...