The reverse mortgage industry seeks to build its positive momentum this year after collaborating extensively with forward ...

Here’s how Fairway’s reverse mortgage for purchase works: you use your own funds to make a down payment on a new home and use ...

A private reverse mortgage. You benefit because your children will charge you less than commercial lenders, your up-front costs will be lower, and there won't be ongoing mortgage-insurance expenses.

Reverse mortgages allow homeowners 62 and older ... The capital gains tax on real estate applies to many commercial real estate ventures, but homeowners often qualify for exclusions.

HECM case number assignments hit a two-year high point in October, marking an encouraging sign for a challenging reverse ...

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!

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

Teresa Ghilarducci Ph.D. is an Economics Professor. I am unsure the reverse mortgage industry is sound. It is regulated by various different agencies including the embattled Consumer Financial ...

A refinancing replaces your existing mortgage with a new one while a second mortgage is taken out in addition to your ...

Because of the repayment structure, however, it can be better than a reverse mortgage, especially at today's lower rates. Unlike the latter which pays the homeowner, home equity loans will need to ...

A reverse mortgage can allow older homeowners to borrow against the equity they've accrued in their home. But unlike the monthly payments required by a home equity loan or HELOC, the loan isn't ...