Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly payments.

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

Simply sign up to the Property sector myFT Digest -- delivered directly to your inbox. Cash-strapped American seniors are turning to reverse mortgages, a controversial type of loan that soared during ...

Sun West Mortgage Co. has filed a lawsuit against First National Bank of Pennsylvania for failing to repurchase two reverse mortgages, alleging a breach of a 2017 settlement agreement. Sun West claims ...