The attorney general alleges that home equity contracts are reverse mortgages without similar oversight, but Hometap disputes the assertions.

Richard Thorpe has more than 30 years of mortgage industry experience and has held reverse mortgage leadership positions at multiple lenders.

For senior homeowners, one viable option is a reverse mortgage, which is a unique type of mortgage that allows individuals aged 62 or older to convert a portion of their home equity into cash.

Attorney General Andrea Campbell has filed a lawsuit against Boston-based Hometap, a home equity loan company that Campbell's ...

A reverse mortgage allows older homeowners to borrow against the equity they've accrued in their home. But unlike the monthly payments required by a home equity loan or HELOC, the debt from a ...

“In the past year, we have seen a 15.5 per cent increase in new reverse mortgage holders reportedly using funds for gifting purposes,” says Yvonne Ziomecki-Fisher, EVP of marketing and sales at ...

The firm’s debt fund has inked a deal to provide a $100 million facility to reverse mortgage start-up Inviva representing its ...

Q: We took out a reverse mortgage in 2011 and thought I understood how it worked. However, having reviewed the documents, I cannot find where it discusses the non-recourse clause ...

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