A tough reverse mortgage market in 2022 was punctuated at year’s end by sharply reduced volume and the exit or consolidation of some of the industry’s biggest lenders. In turn, reverse originators ...

Reverse mortgages — and the mortgage industry in general — have undergone significant changes the past decade. Perhaps the biggest change, however, is how many financial advisors are now incorporating ...

Access your equity, remain in your home and get money for expenses in retirement Written By Written by Contributor, Buy Side Mary Beth Eastman is a contributor to Buy Side and finance expert, ...

Reverse mortgages allow an older person to tap the accumulated equity in their home without having to sell it. Eventually, however, the money will have to be paid back—a responsibility that often ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. So, how exactly do these senior-focused loans work for married couples, ...

The Home Equity Conversion Mortgage counselor exam administered under the Department of Housing and Urban Development will change, with a new exam rolling out on Monday, November 28. The exam is ...

Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. One of the most misunderstood is the 60% reverse mortgage rule. This ...

Dear Savvy Senior: What can you tell me about reverse mortgages? When my husband passed away last year my income dropped almost in half, and I’ve been struggling to keep up with my monthly living ...