As of 2021, 23% of Americans could be considered part of the “sandwich generation” — those supporting both parents above the ...

As long as the borrower lives in the house and meets specific reverse mortgage requirements, they do not have to make monthly ...

FCAC expects them to help you if you're struggling to pay your mortgage due to exceptional circumstances. Facing financial difficulties as a mortgage holder Renegotiating your current mortgage ...

As has been the case since the inception of the program, the HECM has once again “been the largest reverse mortgage product ...

But one thing you definitely can't do via a single click, is refinance your mortgage. In fact, securing a mortgage still requires reams of paperwork -- a lot of which has to be physically mailed ...

There also could be a role for reverse mortgages according to one senior AARP leader, but the focus on older people with more limited financial resources is the north star for AARP, she said.

It also works with five different lenders to help you get the best mortgage rate on a refinance. Many times homebuyers hear about BSI when their original lender sells their home loan to BSI.

Fannie Mae and Freddie Mac, which backstop most U.S. mortgages, know floods and fires are a growing problem. But little action has been taken. By Lydia DePillis As sea levels rise and natural ...

The problem is compounded by cultural inertia. For decades, the industry has resisted change, putting the mortgage sector at a disadvantage. Ashley Yarabinec, Director of Member Relations at the ...

Although the Consumer Financial Protection Bureau (CFPB) reported in 2021 that fewer than 1% of consumer complaints involved reverse mortgages, scams aimed at older Americans are endemic.

The owner of Jeep and Chrysler is facing further upheaval after its CEO departed on Sunday. Shares in Stellantis fell by almost 9% in Milan on Monday after Carlos Tavares, who had been due to step ...

With the rise of artificial intelligence in the mortgage sector, firms examining its possibilities might focus on the broker area to determine where the technology will be most influential. Whether ...