In conjunction with National Senior Citizens Day on Wednesday, the New York Department of State’s Division of Consumer Protection is circulating a series of tips that aim to help older adults avoid ...

Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors — can ...

Following the sentencing of scammer Mark Diamond, Illinois is considering a home renovation program for older residents under state law Rev. Robin Hood, who helped to found a coalition called Fix Our ...

Reverse mortgages sound like a great idea, especially when you’ve built up significant equity in your home and you’re looking for an additional income stream. But they can be risky business, ...

Reverse mortgages are being sold to older homeowners as a lifeline, but the fine print often turns that promise into a trap ...

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With a reverse mortgage, you borrow against the equity in your home, freeing up cash. Here’s what that means when it comes to taxes, senior benefits, and interest rates. It feels like everything costs ...

Do you need to access equity in your high-value home? If the house is your primary residence and you're over age 62, you're in luck. You could get a proprietary reverse mortgage and access equity from ...

Founded in 2012, online lender Longbridge Financial is the third-largest provider of reverse mortgages in the U.S. As of February 2025, it's approved more than $94 million in loans. Longbridge stands ...

A forward mortgage is a mortgage loan used to purchase a home that typically involves a fixed interest rate and monthly payments. Conversely, a reverse mortgage allows homeowners 62 and older to ...

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 ...

PHH Mortgage, a subsidiary of Onity Group Inc., has introduced a new proprietary reverse mortgage product called EquityIQ®, available through its wholesale network under the Liberty Reverse Mortgage ...