Plaintiffs claim reverse mortgage companies added prohibited costs to HECM loans, violating federal rules and HUD fee limits.

What is a reverse mortgage? A reverse mortgage is a home loan that allows people ages 62 and older to borrow against their ...

The reverse mortgage companies squeezed thousands of dollars out of aging homeowners through various illegal fees, according to a new class action suit.

Major servicers face class-action claiming prohibited fees inflated HECM loan balances, risking older homeowners’ equity and ...

Welcome to 2026! As we begin another year in the fast-evolving world of consumer financial services regulation, we're here ...

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the ...