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News Headlines - reverse mortgage

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Washington Post

Why reverse mortgages are a harder sell now
Washington Post
The millions of Americans who haven't saved enough money for retirement still have a potential safety net: their home equity. But recent changes to reverse mortgages mean seniors and their families may have tougher decisions to make. Reverse mortgages ...
Why reverse mortgages are a harder sell now - San Francisco ...San Francisco Chronicle
Why reverse mortgages are a harder sell now - ABC NewsABC News

all 4 news articles »

Reverse Mortgage Daily

FHA Extends Reverse Mortgage Foreclosure Timeline in Puerto Rico
Reverse Mortgage Daily
Homeowners with federally backed reverse mortgages in in hurricane-ravaged areas received a foreclosure reprieve from the government Monday. The Federal Housing Administration extended the foreclosure timeline for Home Equity Conversion Mortgages in ...

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Reverse Mortgage Daily

Some Reverse Mortgage Originators See Stability Ahead This Year
Reverse Mortgage Daily
One longtime observer of the reverse mortgage industry anticipates a more competitive market in the wake of those HUD rule changes. “The lowered rate floor will most likely result in a more competitive reverse mortgage market,” says Jamie Hopkins, an ...

Reverse Mortgage Daily

US Homeownership Rate Slips Versus That of Other Nations
Reverse Mortgage Daily
Versus other developed nations, the United States is losing ground in terms of the rate of homeownership, new research finds. Compared to 17 other first-world countries around the globe, the U.S. homeownership rate has fallen over time, an indicator ...

Should you use a reverse mortgage to defer Social Security to age 70?
If you thought the decision about deferring Social Security was complex, just wait until you tackle whether or not to use a reverse mortgage to enable such a deferral. I was drawn to the question innocently enough: A Retirement Weekly reader asked me ...


Pros and Cons of Reverse Mortgages
Pros and Cons of Reverse Mortgages. Reverse mortgages have not gone mainstream, but more and more experts like the idea, but with caveats. ByBrian O'Connell. Mar 16, 2018 4:37 PM EDT. Despite a healthy dose of industry hype, reverse mortgages haven't ...

ProfNet Experts Available on Reverse Mortgages, Web Accessibility Laws, More
PR Newswire (press release)
An often overlooked financial tool is the federally insured reverse mortgage program. Because of misconceptions that are rooted to the very early days of the reverse mortgage (prior to FHA regulations), many people are advised to avoid the product all ...

Reverse Mortgage Daily

Yale Study Probes Reverse Mortgage Motivations, Racial Disparities
Reverse Mortgage Daily
A new paper from a Yale University researcher takes a deep look at the reasons why some older Americans elect to take out reverse mortgages — and how racial and socioeconomic factors can play into their decision making. The study, which appears in the ...
HUD Addresses Concerns About Reverse Mortgage Foreclosures ...DSNews.com

all 2 news articles »

Reverse Mortgage Daily

HUD Responds to Reverse Mortgage Non-Borrowing Spouse Statistics
Reverse Mortgage Daily
Area Legal Aid, which claimed that nearly a quarter of non-borrowing spouses who sought help staying in their homes following the death of a reverse mortgage borrower don't receive assistance. The groups based their conclusions on HUD data received ...

Baltimore Sun

Reverse mortgages have their place - Baltimore Sun
Baltimore Sun
Reverse mortgages are an appropriate tool to help some people finance their retirements.

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