Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly payments.
NRMLA sent HUD and FHA a detailed letter urging lower upfront MIP, HMBS index changes and new liquidity options for reverse ...
Some fees can be negotiated or waived altogether, and most can be paid through the loan proceeds.
Consumer demand for reverse mortgage products is expected to rise as the population ages more quickly. According to estimates from Business Research Insights, the global market is currently valued at ...
It’s curious how companies promote the launch of a new product or program but do little to inform consumers when it is no longer available. Financial Freedom Senior Funding Corporation was founded in ...
A reverse mortgage isn't available for every homeowner. Typically, you'll need to be age 62 or older to qualify, leaving this option available mostly for senior homeowners. But if you meet the age ...
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 ...
For older homeowners considering a reverse mortgage, one of the most important factors to understand is the 60% rule. This lending cap, introduced as a safeguard, determines how much money borrowers ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. This timing couldn't be better, either, as this year has ushered in ...
Declining issuances since 2022 led to a request for information regarding the future direction of the reverse mortgage ...
"You can tell a lot about a woman's mood just by her hands. If they are holding a gun, she's probably ticked-off." Here's another observation, besides it being "ugly sweater day". What do Arizona, ...