In turn, more retirees and near-retirees are asking the question of whether opening a reverse mortgage will be worth it in ...

Reverse mortgages sound like a good plan — after all, who wouldn’t want a dream retirement funded entirely by their house!

MBA proposes seven reforms for the HECM and HMBS programs, including new securitization options and changes to mortgage ...

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 ...

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

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 ...

Summer is in full, hot swing! Are you always thinking of ways to make your retirement more comfortable and financially secure? One intriguing option you’ve probably heard about is the reverse mortgage ...

Declining issuances since 2022 led to a request for information regarding the future direction of the reverse mortgage ...

Many Americans are retiring with less cash than they would like. But in some instances, that can be offset by unexpectedly large — yet welcome — boosts in their home values. Financial planners ...

Finance of America is buying Onity's MSRs and loan pipeline in this niche as PHH retains its role as a subservicer and remains involved in buyout securitization.