With several top 10 reverse mortgage lenders now active in some form within the U.S. stock market, companies like Finance of America (FOA) and Ellington Financial — the parent of reverse lender ...

* Company reviews and categories are based on information collected between March and April 2025. The sample rates currently ...

As retirement approaches, many homeowners find themselves asset-rich but cash-poor, with significant equity tied up in their homes while facing reduced income streams. And, that's especially true in ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. Retirees often ...

For many seniors, one of the biggest concerns when approaching retirement is what to do with their home. Two of the most common options are taking out a reverse mortgage or selling their home outright ...

RMD and Allen spoke on the sidelines of the recent National Reverse Mortgage Lenders Association (NRMLA) Western Regional Meeting in Irvine, California. He explained what has been done so far, what he ...

Imagine the financial freedom you could achieve if you no longer had to make monthly mortgage payments. In a previous article on this platform, I asked, “What would retirement be like if you didn’t ...

The appeal of a reverse mortgage can be grand to some, but the circumstances for it must be right. Immediate cash flow and the elimination of monthly mortgage payments highlight the benefits of a ...

Reverse mortgages allow homeowners 62 and older to convert home equity into cash. The loan is repaid when the homeowner moves out or passes away. Interest accumulates, reducing home equity over time.

If you're shopping for a high-priced home, you might find that you're ineligible for traditional loan options. That’s where ...