The Mortgage Bankers Association (MBA) has sent a letter to the FHA/Ginnie Mae in response to a Request for Input (RFI) seeking comments on how to modernize and strengthen the Home Equity Conversion M ...

Ramsey points out that these loans steadily increase in balance because of accumulating interest, which erodes equity over ...

Billions in home equity sit untapped as second-lien loans struggle to gain traction, writes the chairman of Whalen Global ...

Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly payments.

Lender Price added Finance of America as its first reverse mortgage partner, offering live HECM and HomeSafe pricing to ...

In the wake of PHH’s exit from reverse mortgages, FOA outlines its strategy to absorb PHH’s $9.6B HECM portfolio and prepare ...

Local reverse mortgage lenders have seen some shuffling among their ranks. As the financial crisis crippled some, others have become larger, with investors showing interest in startups. Reverse ...

If you’re a homeowner looking for ways to tap into your home’s equity, two common options you might consider are a reverse mortgage and a home equity loan. Both allow you to use your home’s value to ...

For many people, a house is their most valuable asset. In fact, home equity—the value of a property minus any outstanding mortgages or liens—accounted for 45% of the median net worth of U.S.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. There's a lesser-known reverse mortgage designed for specific, essential ...