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

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.

I conclude that reverse mortgages may help high-income, highly-educated people in stable neighborhoods with appreciating homes solve their particular problem, which is unrelated to America's ...

One option for people in such situations is to take out a reverse mortgage, which lets them draw ... and that if you really run into problems you can lose your house." There's no best way to ...

Unlock the potential of your home equity with a reverse mortgage. Discover how this tool can help you achieve your dreams.

A reverse mortgage can be a bad idea if it doesn’t meet your financial needs or causes significant problems for others in ...

Reverse mortgages were once considered a last-resort ... think strategically and ensure they aren't just solving immediate problems," says Barbara Stucki, vice-president of home equity initiatives ...

Editor in Chief Sarah Wheeler talks with Editor Chris Clow about the CFPB’s complaint database and why we’re seeing an uptick in the number of complaints about reverse mortgages. The two also ...

Find out how affordable a home equity loan could be now. 5 ways you can use your home equity to prepare for retirement . Do ...

A reverse mortgage can help address both problems. Retirees can use their home equity to convert their 401(k) and traditional IRA plans into a Roth IRA. When converting to a Roth, the ...

However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. If you're 62 years or older, you might be eligible for a reverse mortgage. These types of mortgages ...

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 ...