There were a total of 298 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) in 2024 that were related to the reverse mortgage industry, according to a database ...

HUD’s RFI on reverse mortgage programs highlights an industry focus on mortgage insurance costs and liquidity constraints.

The mandatory start date for evaluating a borrower’s ability to handle ongoing costs required to keep a reverse mortgage in place has been extended until April 27, 2015, according to a letter sent to ...

A Chicago real estate scammer was sentenced to more than 17 years in federal prison for orchestrating a reverse mortgage and home repair scheme that defrauded over 100 elderly property owners. Mark ...

With a reverse mortgage, you borrow against the equity in your home, freeing up cash. Here’s what that means when it comes to taxes, senior benefits, and interest rates. It feels like everything costs ...

When it comes to reverse mortgages, homeowners have options. A home equity conversion mortgage (HECM) may seem like the best option, but for homeowners with a high-value home or who need a lump sum ...

Fairway Independent Mortgage Corp. leads the digital shift in mortgage industry MADISON, Wis., April 8, 2025 /PRNewswire/ -- Fairway Independent Mortgage Corporation is spearheading the digital ...