Search Results for 'reverse mortgage'
Chris Kissell on October 22, 2020
Older homeowners have a record amount of housing wealth.
Kathleen Coxwell on October 20, 2020
If you’re considering a reverse mortgage, weigh these factors first.
Stacy Johnson on February 5, 2018
Reverse mortgages can provide needed financial options for seniors. But will the new tax law change that?
Marilyn Lewis on July 25, 2016
New rules have made reverse mortgages safer for seniors who need to access their home equity while remaining on the property. Here’s how they work.
Marilyn Lewis on July 14, 2014
The rules for buying the most common reverse mortgages are changing to protect borrowers. That’s a mixed blessing, though, and not everyone’s covered.
Marilyn Lewis on April 4, 2014
The concern is that many boomers are using reverse mortgages to drain their home equity too early, leaving them nothing to fall back on in 15 or 20 years.
Krystal Steinmetz on February 16, 2015
The Consumer Financial Protection Bureau says these lenders were falsely suggesting a government affiliation in pursuit of reverse mortgage customers.
Stacy Johnson on September 24, 2017
We’ve partnered with the largest nonprofit consumer counseling agency in the country to offer solutions to the most common financial struggles facing seniors including Medicare assistance, debt and budget counseling, Social Security maximization, help with paying bills, reverse mortgage counseling and foreclosure prevention.
Kathleen Coxwell on September 20, 2021
It’s a reasonable worry, but not the end of the world — especially if you take these steps.
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