The U.S. Department of Housing & Urban Development (HUD) has announced updated loan limits for calendar year 2026 under the Federal Housing Administration’s (FHA) Single Family Title II forward and ...

In turn, more retirees and near-retirees are asking the question of whether opening a reverse mortgage will be worth it in ...

Local reverse mortgage lenders have seen some shuffling among their ranks. As the financial crisis crippled some, others have become larger, with investors showing interest in startups. Reverse ...

MBA proposes seven reforms for the HECM and HMBS programs, including new securitization options and changes to mortgage ...

Taking out a reverse mortgage requires some due diligence on your and your lender’s part, similar to taking out a traditional ...

As home values continue to rise, many homeowners seek financial solutions that align with their property’s new, increased values. Reverse mortgages offer a compelling option for seniors looking to tap ...

Ramsey points out that these loans steadily increase in balance because of accumulating interest, which erodes equity over time. He also stresses that fees and closing costs can be steep, and that ...

If you're like many retirees, your home equity represents one of your largest stores of wealth. While many homeowners turn to home equity loans and lines of credit (HELOCs) to unlock their home's ...

The former reverse mortgage team from Norcom Mortgage in Avon, Connecticut — which elected not to move to CMG Financial following its acquisition of Norcom last month — has selected Texas-based ...

For many older Americans, retirement isn't about staying put in their homes. It's a time for making a meaningful change instead. Some retirees want to downsize their home into a more manageable space, ...

Reverse mortgages can be useful for many retirees who are house-rich but cash-poor, but they change what happens to your home ...