With a reverse mortgage, the bank gives you a lump sum of money you can use for meeting your needs. The loan is paid back ...

The 6-month reverse mortgage rule is an important one to understand, as it can make or break your estate plans.

Fed rate cuts may be reshaping borrowing costs, but reverse mortgages follow different rules than other loans.

Making ends meet isn't always easy during retirement, especially in today's unusual economic climate. Part of the issue is that seniors' debt levels have increased threefold in the last 35 years, ...

Today on Money Matters, we discussed a financial tool that is often seen as a last resort. However, it can actually be a smart option for retirement. How? Our financial expert, Barry Bigelow, joined ...

I am a retired and divorced 75-year-old woman with one daughter. She will inherit what I’ve got and, believe me, she needs it. About seven years ago, I had a catastrophic health issue that required me ...

A bill introduced in January to the New York state Senate is seeking to bolster the disclosures that reverse mortgage lenders make to potential clients in an effort to broaden their understanding of ...

Watermark Reverse Mortgage is a licensed mortgage corporation established in 2006 and based in Irvine, California. The company is licensed in most states and provides reverse mort ...

Community First National Bank (CFNB) provides reverse mortgage services nationwide through its Reverse Solutions division. Its licensed specialists offer guidance and help eligible homeowners access ...

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 ...

A bill being deliberated in the Washington State Senate regarding a foreclosure mediation program would except reverse mortgage borrowers over the age of 61. However, this would not include slightly ...