Longbridge cuts its proprietary reverse mortgage rate to 7.99% and raises the principal limit factor to help seniors tap more ...

In the wake of PHH’s exit from reverse mortgages, FOA outlines its strategy to absorb PHH’s $9.6B HECM portfolio and prepare ...

A reverse mortgage is designed for homeowners 62 or older that allows them to convert part of the equity in their home into cash. On its face, a reverse mortgage may sound like a ...

Recently, the Department of Housing and Urban Development (HUD) solicited feedback on how to enhance the HECM program.

The unique economic climate of 2024 is quickly coming to close. While inflation finally dropped this year and interest rate cuts were issued for the first time since 2020, the American economy still ...

Older adults face distinct financial challenges as they approach their retirement years, especially if their income declines. Fortunately, if they've gained equity in their homes, they can take out a ...

For older homeowners considering a reverse mortgage, one of the most important factors to understand is the 60% rule. This lending cap, introduced as a safeguard, determines how much money borrowers ...

The latest announcement is out from Finance of America Companies ( ($FOA) ). On November 17, 2025, Finance of America Reverse LLC entered into an ...

Finance of America is buying Onity's MSRs and loan pipeline in this niche as PHH retains its role as a subservicer and ...

Although some seniors can benefit from a reverse mortgage, there are pitfalls to know about. There are numerous fees associated with a reverse mortgage. Speak to a financial advisor before committing ...

Sometimes the path to a better retirement isn’t about working more or saving harder. It’s about unlocking the resources you ...

Explore how reverse mortgages can provide financial relief for retirees with limited income by leveraging home equity for tax ...