In response to rapid growth in the number of seniors applying for reverse mortgages, the U.S. Department of Housing and Urban Development has issued a notice expanding the network of counselors ...

Money Management International (MMI) announced it will be offering free reverse mortgage counseling sessions starting May 1, 2010. Enabled by a $1.4 million grant from the US Department of Housing and ...

What is a reverse mortgage? A reverse mortgage is a home loan that allows people ages 62 and older to borrow against their ...

Reverse mortgage counseling is an important part of the process in the Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage (HECM) program, and while the industry and ...

Reverse mortgages can be a versatile tool in many retirees’ arsenal, helping to bridge the gap when Social Security and savings aren’t quite enough on their own. A chief benefit of reverse mortgages ...

Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. If ever you want to clear out a room, start a conversation about reverse mortgages.

I’ve always been one of those calloused individuals who subscribed to the theory that environmental hazards simply rotated every year on a secret list held by home inspectors. That list flip-flopped ...

If you're like many retirees, your home equity represents one of your largest stores of wealth. While many homeowners turn to home equity loans and lines of credit (HELOCs) to unlock their home's ...

According to the National Reverse Mortgage Lenders Association, funding from fiscal 2010 will cover agencies through September 30, 2011. After that, the elimination of the federal funding will mean ...