In addition, according to Regulation Z of the Truth in Lending Act (TILA), lenders must make specific disclosures to people who apply for a reverse mortgage. These include: A notice that just ...

A reverse mortgage can help those with limited cash ... Mortgage Acts and Practices Advertising Rule (MAPs Rule), the Truth in Lending Act (TILA), and the Consumer Financial Protection Act of ...

This increase marks what many professionals will see as a positive development for the reverse mortgage industry as a whole, with the lending limit rising to over $1 million for the first time.

Robert Powell: Where are we with reverse mortgages? Where have we come from, and where are we going? To discuss this, I’m joined by Don Graves, president of the Housing Wealth Institute, author ...

Each morning, listen to editor in chief Sarah Wheeler talk to leading industry voices and get a deeper look behind the scenes of the top mortgage and real estate stories. Hosted and produced by ...

Reverse mortgage flip the traditional lending model on its head: Instead of you repaying the lender, the lender pays you with tax-free payments. The loan only becomes due after a “triggering ...

The Conn.-based Norcom Mortgage’s former reverse mortgage team is joining Texas-based Supreme Lending following CMG Financial’s acquisition of Norcom’s retail division last month. Supreme's new ...

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 ...