An international law firm with more than 1,600 attorneys active across 32 U.S. cities and in London recently released a podcast episode entirely about the legal complexity — and overlooked details in ...

The sole outlier, according to the online database, is related to a settlement between HUD and MetLife Home Loans reached in 2018, stemming from allegations that the lender and a reverse mortgage ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Reverse mortgages are generally easier for older homeowners to qualify ...

Government housing officials report that 46,000 reverse-mortgage borrowers under the government's insured loan program were delinquent on their loans as of July. This total is more than 50 percent ...

With high mortgage rates and home prices not much better, downsizing isn't very attractive to many older homeowners these days. Instead, reverse mortgages — which allow you to turn your existing home ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Knowing these red flags can help you navigate the reverse mortgage ...

The realities of retirement may look a lot different now than you once imagined. While Social Security, pensions and investment withdrawals remain the backbone of retirement funding, issues with ...

Although some seniors can benefit from a reverse mortgage, there are pitfalls to know about. Speak to a financial advisor before committing to one. Are you ahead, or behind on retirement? SmartAsset’s ...

Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors — can ...

Reverse mortgage lenders are beginning to require senior borrowers to qualify for loans by proving that they have enough money to continue paying property taxes, home insurance premiums, and other ...

When larger banks stepped out of the reverse mortgage market in the 2010s, Finance of America gobbled up much of the demand and became the second-largest reverse mortgage provider after Mutual of ...