Dear Annie: With reference to a recent column in which the reader said she had lost her home to a reverse mortgage, there are two primary ways this can happen, and I want to explain how to avoid this ...

Timing is everything, and when it comes to making financial decisions, it can be the difference between success and failure. For many seniors and older homeowners, many of whom are tied to limited ...

The reverse mortgage division of Rate — formerly known as Guaranteed Rate — recently announced the hiring of reverse industry veteran Jesse Allen as the president for Rate’s reverse lending division ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. After years of steady home appreciation, many homeowners over age 62 now ...

When reverse mortgage professionals from Australia and New Zealand made the long journey to San Diego last year to attend the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and ...

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.

Dear Savvy Senior: What can you tell me about reverse mortgages? When my husband passed away last year my income dropped almost in half, and I’ve been struggling to keep up with my monthly living ...

Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors — can ...

TOPEKA, Kan. (WIBW) - You see advertising for reverse mortgages everywhere, but are they worth considering? Carl Carlson, founder and CEO of Carlson Financial, visited Eye on NE Kansas to clear up ...

This type of mortgage is ideal for many retirees because it provides flexibility and can even help them defer taking Social ...

When you inherit a home with a reverse mortgage, you're given six months to pay off the balance, or up to a year if you can get the deadline extended. It's best to work with the loan servicer to avoid ...