The reverse mortgage industry’s premier trade association held its first event of 2025 this past week. While the mood was generally upbeat among the roughly 150 attendees who made the journey to ...

CMG Home Loans, the retail lending division of CMG Financial, has its eyes on growing its dedicated reverse mortgage segment. In addition to recently making a key operations hire in an effort to ...

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Recently, the Department of Housing and Urban Development (HUD) solicited feedback on how to enhance the HECM program. Therefore, I thought this was a perfect opportunity to bring this ...

PARAMUS, N.J.--(BUSINESS WIRE)--Longbridge Financial LLC, a leading national reverse mortgage lender and servicer, announced today the launch of Platinum Preserve, a first-of-its-kind feature for the ...

If you're a homeowner over age 62, you may be sitting on your biggest financial asset while struggling to pay your bills. With inflation squeezing those with fixed incomes and retirement savings ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But like most financial tools, there are also complexities and potential ...

A reverse mortgage must be paid back when the borrower dies, moves out of the home or stops fulfilling the terms of the agreement, such as paying property taxes. You might choose to get out of a ...

OTTAWA, March 24 (Reuters) - Canadian banks have less need of a government program to buy up to C$125 billion ($103 billion) in insured mortgages, based on the results of the latest auctions, a senior ...

I am a retired and divorced 75-year-old woman with one daughter. She will inherit what I’ve got and, believe me, she needs it. About seven years ago, I had a catastrophic health issue that required me ...