you must meet with a third-party housing counselor at a certified counseling agency who will make sure you understand how the reverse mortgage works, eligibility requirements, financial ...

Q: Our mother and father took out a reverse mortgage years ago. There is no equity in the property. Our mother died several ...

With a HECM, a borrower can access a portion of their equity with no monthly mortgage payment, until they sell their home or ...

Reverse mortgages have been called risky and confusing - but what if everything you thought you knew was wrong? On this ...

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

HousingWire’s Reverse Mortgage Daily (RMD) sat down with specialists at two other leading lenders and the president of the National Reverse Mortgage Lenders Association (NRMLA). A Fairway ...

“I don’t feel like the product was bad. They were just missold.” When he thinks a reverse mortgage might be a good fit for a client, he often introduces the idea over the course of a few meeting ...

A proprietary reverse mortgage product first made available prior to the COVID-19 pandemic and before its discontinuation is now making a return, according to an announcement this week by Onity Group.

Reverse Mortgage Pros, Canada’s leading reverse mortgage brokerage, has once again been recognized for its excellence in the industry, securing two prestigious awards: Best Reverse Mortgage Company ...

The product will be available through the Company’s wholesale network and marketed under PHH’s reverse mortgage product brand, Liberty Reverse Mortgage. “For more than two decades ...