In turn, more retirees and near-retirees are asking the question of whether opening a reverse mortgage will be worth it in ...
MBA proposes seven reforms for the HECM and HMBS programs, including new securitization options and changes to mortgage ...
Ramsey points out that these loans steadily increase in balance because of accumulating interest, which erodes equity over ...
Reverse mortgages sound like a good plan — after all, who wouldn’t want a dream retirement funded entirely by their house!
Appraisal Institute and MBA differ on FHA’s second appraisal rule for HECMs, with debate over risk, cost and modernization.
The Mortgage Bankers Association (MBA) has sent a letter to the FHA/Ginnie Mae in response to a Request for Input (RFI) seeking comments on how to modernize and strengthen the Home Equity Conversion M ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. There's a lesser-known reverse mortgage designed for specific, essential ...
Summer is in full, hot swing! Are you always thinking of ways to make your retirement more comfortable and financially secure? One intriguing option you’ve probably heard about is the reverse mortgage ...
Mortgage Cadence, an Accenture company has announced that its National Sales Director George Morales has been elected to the 2025–2026 Board of Directors of the National Reverse Mortgage Lenders ...
With a reverse mortgage, you borrow against the equity in your home, freeing up cash. Here’s what that means when it comes to taxes, senior benefits, and interest rates. It feels like everything costs ...
Many Americans are retiring with less cash than they would like. But in some instances, that can be offset by unexpectedly large — yet welcome — boosts in their home values. Financial planners ...