You should consider all your borrowing and housing options — including a home equity loan, refinancing or downsizing — before ...

Several states have also passed laws to control reverse mortgage advertising. Despite these rules, the Consumer Financial ...

Under federal and state laws, reverse mortgage lenders must make certain disclosures to prospective borrowers. Often, borrowers are also required to go through reverse mortgage counseling and may ...

On April 2, the U.S. District Court for the Northern District of Texas granted defendant Ginnie Mae’s motion for summary judgment in a ...

or an elder-law attorney before you call lenders. Home-equity loans or lines of credit. These loans are less expensive than reverse mortgages and might be appropriate if you need cash to make a ...

when Ronald Reagan signed this into law at the seating of the 100th Congress, the architects of the program said this: the unused portion of the home equity conversion mortgage, nickname reverse ...

saying that reverse mortgage borrowers under Washington state law can be as young as 60 if they choose to enter into a proprietary product with a lower minimum age requirement. This effectively ...

You may not have planned on having a loan on your home in your senior years but it may be a good option for you if you can get pass the misinformation. There is a great deal of misleading “facts” ...

However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. A reverse mortgage is for homeowners age 62 or older who want to tap into their home equity.

Despite efforts to turn the tide, many financial advisers may not be recommending reverse mortgages, according to a ...