This Louisiana woman refuses to pay a share of her 80-year-old mom’s reverse mortgage costs — says it’s ‘throwing money away.’ Now, her family resents her. Here’s the Ramsey Show’s ...

When a reverse mortgage is better Reverse mortgages work like traditional mortgages, but backward. Instead of you making payments to the lender, they pay you.

Seniors contemplating a reverse mortgage should familiarize themselves with these five facts before getting started.

If your elderly parents want to move into a new home but can't obtain financing on their own, you might be able to help through a loan commonly known as the Family Opportunity Mortgage.

Reverse mortgages were originally designed to help older homeowners access home equity without selling or taking out a traditional loan and making monthly mortgage payments.

A reverse mortgage can be a helpful tool for older homeowners who are house rich and cash poor. But problems can arise if debt piles up, leaving too little equity for late-in-life expenses.

Mark Diamond was sentenced to 17 years in prison for his crimes against elderly homeowners, but the damage in Chicago is still visible.

A new private-label reverse mortgage from Longbridge aims to attract borrowers who are concerned about leaving assets for their heirs.

DEARBORN, MI – A 19-year-old man is accused in the non-fatal stabbings of three family members, including an 11-year-old girl, authorities said.

FRANKENMUTH, MI — The widow and daughter of fallen Michigan State Police Trooper Joel E. Popp have been freed from the burden of a mortgage, courtesy a nonprofit’s donation.

However, the family faces additional pressure from her mother’s reverse mortgage. A reverse mortgage lets homeowners above the age of 62 borrow money from their equity.