For many older Americans, their home is more than a place to live. It's their biggest financial asset. For those who need access to more income in retirement, tapping into that wealth can be a smart ...

An international law firm with more than 1,600 attorneys active across 32 U.S. cities and in London recently released a podcast episode entirely about the legal complexity — and overlooked details in ...

Reverse mortgage lines of credit remain underused in retirement planning as advisers cite risk and perception challenges.

WASHINGTON — The housing bubble, lax regulatory oversight and an influx of shady loan professionals have made lawmakers uneasy about the safety and soundness of the popular government-backed ...

As with most Americans, older homeowners have been facing issues with rising living costs and mounting debt. As a result, tapping into home equity has become an increasingly popular financial strategy ...

Government housing officials report that 46,000 reverse-mortgage borrowers under the government's insured loan program were delinquent on their loans as of July. This total is more than 50 percent ...

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 reverse mortgage isn't available for every homeowner. Typically, you'll need to be age 62 or older to qualify, leaving this option available mostly for senior homeowners. But if you meet the age ...

Learning how mortgages work can be confusing. We put together a brief guide focusing on where to find current rates and types of mortgages available.

Your home equity is the market value of your home minus any outstanding debt on your property — including primary mortgages or second mortgages, like home equity loans or home equity lines of credit ...

Although some seniors can benefit from a reverse mortgage, there are pitfalls to know about. Speak to a financial advisor before committing to one. Follow 24/7 Wall St. on Google By Maurie Backman ...

Founded in 2012, online lender Longbridge Financial is the third-largest provider of reverse mortgages in the U.S. As of February 2025, it's approved more than $94 million in loans. Longbridge stands ...