Retirees looking for new sources of income are getting some good news in 2025: Reverse mortgage limits are on the rise. For ...

Who's this for? Mutual of Omaha has dozens of branches nationwide and offers reverse mortgages in all states except New York and West Virginia. Standout benefits: Mutual of Omaha doesn't charge ...

Reverse mortgage industry leaders at multiple lenders identified the tallest hurdles in 2024 and talk about the future.

Have you ever mentioned reverse mortgages at the family cookout? Be honest—what happened? Three people left the table, two went underneath it, and Aunt Petunia made a weapon out of a plastic knife!

Reverse mortgages allow homeowners 62 and older to convert home equity into cash. The loan is repaid when the homeowner moves out or passes away. Interest accumulates, reducing home equity over time.

And that means many Americans may be exploring new ways to make ends meet. For homeowners, this can take the form of ...

I am unsure the reverse mortgage industry is sound ... My team’s research at The New School also shows that even if middle-class older workers convert their home equity into a stream of income ...

Allen sat down with HousingWire‘s Reverse Mortgage Daily (RMD) to discuss the role and his plans for the short and medium terms. Allen described that the new role came about after he was ...

Today, 68% of reverse mortgages are taken as fixed-rate lump-sum loans compared with less than 3% in 2008, according to a report by the new federal Consumer Financial Protection Bureau.