Reverse mortgages have a minimum age requirement that serves as a key differentiator for the product. But it also leads to questions about how much — or how little — technology tools can or should ...

Recently, the Department of Housing and Urban Development (HUD) solicited feedback on how to enhance the HECM program.

There’s usually a reason both spouses do not sign a reverse mortgage – age. A reverse mortgage historically has enabled senior homeowners to convert part of the equity in their homes into tax-free ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. This timing couldn't be better, either, as this year has ushered in ...

A Barefoot State of Mind: Visit Barefoot’s Doors to Oars Home Tour: Saturdays, Aug. 16, 23 & 30 Erie approves rezoning for Westerly expansion, reducing density and paving way for growth Should I buy a ...

What many people have now—house, lifestyle, neighborhood, friends, church, club – is exactly what they’d like to keep. Unfortunately many older folks simply don’t know how or where to look to find the ...

For older homeowners considering a reverse mortgage, one of the most important factors to understand is the 60% rule. This lending cap, introduced as a safeguard, determines how much money borrowers ...

Cash-strapped American seniors are turning to reverse mortgages, a controversial type of loan that soared during the ...

Reverse mortgages grew by 6% last year. Here’s why more seniors are borrowing against their homes—and what critics say could ...