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 ...

State- and D.C.-level laws, statutes, and codes pertaining to reverse mortgages Fact checked by Melody Kazel Reviewed by Doretha Clemon In addition to federal laws regulating reverse mortgage ...

CNBC Select reviews Longbridge Financial, a leader in the reverse mortgage market with low rates and a robust online presence ...

Before starting a reverse mortgage, seniors must receive federally ... Odette Williamson, an attorney with the National Consumer Law Center, said her group is working with Congress and HUD to ...

The economy has been somewhat of a mixed bag recently. Some have struggled to keep up with high inflation and high interest rates, while others have benefitted from a rising stock market and real ...

One way to do that? Reverse mortgages. Reverse mortgages are a creature of federal law. As part of the Housing and Community Development Act of 1987, the Federal Housing Administration (FHA ...

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 ...

Federal law permits the use of power of attorney to apply for a reverse mortgage on someone else's behalf, but some lenders may ask for more documentation than the law requires. There are two ...

Reverse mortgages allow older homeowners to convert ... Plus, don't forget to check in on your workplace benefits. Why a Law Firm Secretly Recording Client Conversations Is Wrong (and Illegal ...