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 ...

Watermark Reverse Mortgage is a licensed lender specializing in reverse mortgage solutions for homeowners aged 55 and older. It offers loan products insured by the Federal Housing Administration (FHA) ...

Safely unlock your home's value with these standout lenders and useful tips to help you avoid costly mistakes.

With rising costs and high interest rates these days, home ownership can be tough for many people. This can be especially true for seniors, who may be on a fixed budget. Thankfully, there is an option ...

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 ...