Search results for "reverse mortgage"

My mother is currently receiving home care services under New York's Medicaid program. If she takes out a reverse mortgage on her home and gives me some of the money to help me with the downpayment to buy myself a...

Seniors with pricier homes now have an increased ability to get a jumbo reverse mortgage in order to raise cash for retirement. As the housing market has improved, jumbo reverse mortgages are becoming more popular even though they carry some...

A new mortgage product is making "reverse" mortgages more affordable. . .

AARP's legal arm sued the Department of Housing and Urban Development on behalf of three surviving spouses, charging that reverse mortgage borrowers were caught in a regulatory bait-and-switch.

On the 20th anniversary of the law establishing the reverse mortgage program, reverse mortgages are getting a closer look thanks to a Senate hea...

While reverse mortgages may look like no-lose propositions on the surface, they also have some significant downsides. ...

A reverse mortgage can be a great tool in the right circumstances, but if you aren't careful you could end up losing your home. . .

The Department of Housing and Urban Development has announced changes to the federal reverse mortgage program that will raise reverse mortgage fees for some borrowers and lower the amount homeowners can borrow.

The federal government has tightened the rules regarding reverse mortgages, making it harder for some seniors to get these types of mortgages and reducing the amount of their home’s value that they can tap.