AARP is one of the most vocal and active lobbying organizations in the country, using its voice to advocate for American seniors. The organization has been cautious about the reverse mortgage industry ...
The AARP Foundation has joined a class-action lawsuit against reverse mortgage servicer Celink and the estate of bankrupt lender and servicer Reverse Mortgage Funding (RMF) alleging the two companies ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. So, how exactly do these senior-focused loans work for married couples, ...
After years of high borrowing costs, many older homeowners are considering the idea of tapping into their home equity to borrow money right now. And, while there are a number of affordable ways to do ...
I’m sure you’ve had plenty of clients tell you they want to pay off their mortgage. After all, being debt-free is a worthy goal, and it brings peace of mind, especially in times of economic chaos. But ...
Recently, the Department of Housing and Urban Development (HUD) solicited feedback on how to enhance the HECM program.
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A difference in financial philosophy has put a couple at odds. One spouse views a reverse mortgage ...
These loans allow older homeowners to borrow against their home equity. But unlike a traditional loan, you don’t have to make a monthly mortgage payment when you take out a reverse mortgage. Instead, ...
A reverse mortgage allows seniors to access cash from the equity they've built up in their homes. Unlike home equity loans or HELOCs, there's usually no credit score requirement and you don't have to ...
Missouri and Tennessee are tied for bordering the most states: eight. This week I head to Missouri, the jumping off point for thousands of wagon trains heading west in the mid-1800s. Back then, land ...
Nadine Higgins is the host of NZME's personal finance podcast The Prosperity Project and a financial adviser at enableMe. She was formerly a financial journalist and broadcaster. Reverse mortgages and ...