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 ...

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

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

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

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

Private-label reverse mortgages expanded to 45% of the U.S. market in December 2025 and totaled $2.5 billion for the year. HECM volume remained flat as industry groups called for program reforms. AI ...

Global healthcare private equity delivered a historic performance in 2025, with total deal value climbing to an estimated $191 billion, the highest annual total on record and surpassing the sector’s ...