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 ...

Proprietary reverse loans are typically available to a larger range of borrowers and come with higher loan limits than the ...

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 ...

Several states have also passed laws to control reverse mortgage advertising. Despite these rules, the Consumer Financial Protection Bureau (CFPB) has raised concerns regarding reverse mortgage ...

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

PROMINENT attorney Peter Champagnie, King’s Counsel, in rising to the defence of elderly residents in strata communities at ...

Hesitant to sign up for a reverse mortgage? CNBC Select outlines the alternatives, including refinancing and home equity loans.

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 ...

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 ...

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 ...

Many of the players from the subprime disaster have now moved into the reverse mortgage market. Last fall, the National Consumer Law Center issued “Subprime Revisited,” an extensive report on ...