A CFPB report reveals that reverse mortgage complaints make up a small share of the total, but could a new servicing contractor help reduce that further?
February 2015 Snapshot of reverse mortgage complaints December 2011 - December 2014 Office for Older Americans 2 CONSUMER FINANCIAL PROTECTION BUREAU Table of contents Table of contents. 2...
A reverse mortgage appraisal is an assessment made of a home's value by inspecting its condition, which helps determine the amount a lender may extend to a borrower.
A reverse mortgage is a mortgage loan, usually secured by a residential property, that enables the borrower to access the unencumbered value of the property. The loans are typically...
Get an overview of the reputable reverse mortgage companies, their services, loan variety and customer experience.
A qualified reverse mortgage counselor can help you learn more. If you’re interested in considering a reverse mortgage, but haven’t spoken with a counselor yet, call (800) 569-4287 to...
Interested in a reverse mortgage? Make sure to avoid these common reverse mortgage scams targeted at senior homeowners.
A reverse mortgage can provide much-needed funds during retirement, but there are no penalties for selling the home and paying off the loan.
16 2.1 Reverse Mortgage Product Development. 17 2.2 The HECM Program. 18 2.3 HECM Program Requirements & Consumer Protections. 20 2.4 Key Product Decisions for the Prospective Borrower. 23...
Reverse mortgages are a special type of loan that allows homeowners, 62 and older, to borrow against the accrued equity in their homes.