A reverse mortgage is a special type of home loan for older homeowners that requires no monthly mortgage payments. Borrowers…
Here are five important questions to keep in mind when reading this booklet: Do you really need a reverse mortgage?…
Until recently, there were two main ways to get cash from your home: you could sell your home, but then…
Record numbers of consumers are using reverse mortgages to remain in their homes to supplement retirement income, pay for health…
Major findings: Despite the importance of home equity as part of their financial portfolio, older homeowners do not understandand are…
The 2012 MetLife study of how aging homeowners use reverse mortgages. /wp-content/uploads/2019/05/NCOA-Changing-Attitudes-Changing-Motives-for-Reverse-Mortgage-Use.pdf
The mortgagee must evaluate the mortgagor’s willingness and capacity to timely meet his or her financial obligations and comply with…
This February 2019 report from the Consumer Financial Protection Bureau says that since 2013, financial institutions have reported to the…
Should I stay or should I go? The objective of this toolkit is to help you plan your later life…
The National Reverse Mortgage Lenders Association (NRMLA) is the national trade association of the reverse mortgage industry, serving as an…