HECM endorsements saw a jump in December, but HMBS issuance ended 2024 on a low note, making for a topsy-turvy month of ...

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

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.

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 ...

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 ...

Until recently, the subject of reverse mortgages rarely ever came up in my consultations with clients. When it was discussed, it was the client who brought it up. I'd easily dismiss the idea of a ...

Reverse mortgages remain the pariahs of the U.S. loan world. A 2022 study published in Oxford Academic revealed there were just 33,000 reverse mortgages originated during the same year when ...

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 ...