A difference in financial philosophy has put a couple at odds. One spouse views a reverse mortgage as a predatory "scam," ...
There were a total of 298 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) in 2024 that were related to the reverse mortgage industry, according to a database ...
A Chicago real estate scammer was sentenced to more than 17 years in federal prison for orchestrating a reverse mortgage and home repair scheme that defrauded over 100 elderly property owners. Mark ...
The mandatory start date for evaluating a borrower’s ability to handle ongoing costs required to keep a reverse mortgage in place has been extended until April 27, 2015, according to a letter sent to ...
Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly ...
Safely unlock your home's value with these standout lenders and useful tips to help you avoid costly mistakes.
The HECM Tool — a software platform designed to serve as a reverse mortgage sales conversion tool — announced this week that it has integrated the proprietary reverse mortgage offering from Smartfi ...