Ramsey points out that these loans steadily increase in balance because of accumulating interest, which erodes equity over ...

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

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while reverse mortgages can provide relief to the right retirees, ...

Home Equity Conversion Mortgage (HECM) endorsements rose in September compared to the prior month, while activity in the secondary market slowed slightly during the same period. Looking ahead, however ...

"I think a real good rule of thumb is don't touch the equity in your home unless you need it. And if you are 62+ and you are limited on income, we need to create income to offset Social Security.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. So, how exactly do these senior-focused loans work for married couples, ...

A Howell man pleaded guilty to bank fraud conspiracy in a multimillion-dollar mortgage scheme. The man, Joshua Feldberger, faces up to 30 years in prison and a $1 million fine. Feldberger and two ...

Letitia James, the New York attorney general, was the latest of President Trump’s perceived enemies to be indicted on charges she made false claims on loan documents. By Ashley Ahn A prosecutor ...

Despite the 'entitlement' moniker, Social Security and Medicare are both benefits that workers earn. And reverse mortgages can be a strategic tool for certain people. Plus, we're setting the record ...

Representative Eric Swalwell, a Democrat, said he would not back down from his criticism of President Trump, and denied wrongdoing. By John Yoon Representative Eric Swalwell, one of President Trump’s ...