Reverse Mortgages in the News


In The News Now

Fox Business

How Does A Reverse Mortgage Work?
Investopedia
If you're at least 62 years old, you have a third option: a financial product called a reverse mortgage. This lets you borrow against the equity in your home and get a fixed monthly payment or a line of credit. No repayment of the mortgage is required ...
Pros and Cons of Using a Reverse Mortgage to Buy a HomeFox Business
Reverse Mortgage Job Opportunities are Thriving—Apply TodayReverse Mortgage Daily
Reverse mortgage repayment: What heirs need to knowNewsday

all 5 news articles »


Bankrate: Reverse Mortgage Gives Borrowers 'Purchasing Power'
Reverse Mortgage Daily
While tapping home equity through a reverse mortgage is one way to use the loan, another, less common use of reverse mortgages involves purchasing a new home, suggests consumer financial services company Bankrate. The home equity conversion ...

and more »


HULIQ

Big question remains for reverse mortgages
SFGate
Today I have answers to three reader questions involving family homes and mortgages. Q: Joseph N. asks, “I have a reverse mortgage on my home in my name alone. The home is recorded in my living trust. My wife is the beneficiary of my living trust. Will ...
Delinquent Mortgages Beyond So Called "Shadow Inventory"HULIQ

all 3 news articles »


USA TODAY

Ocwen Prepares for $100 Million Servicing Settlement
Reverse Mortgage Daily
Though the company reported a net loss, Ocwen pointed to grown within its reverse mortgage business, which partially offset lower forward volumes. During the quarter, Ocwen originated $168 million of reverse loans through its Liberty Home Equity ...
Ocwen Financial moves from profit to lossHousing Wire
Ocwen Financial's (OCN) CEO Ronald Faris on Q3 2014 Results - Earnings Call ...Seeking Alpha (registration)
Ocwen Financial Corporation: Ocwen Financial Announces Operating Results ...The Wall Street Transcript

all 38 news articles »


ABC News

Fed Ends Stimulus, But Rates to Remain Favorable
Reverse Mortgage Daily
“The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction ...
Fed to launch longer-term reverse repos test in DecemberReuters
Fed Closes Chapter on Easy MoneyWall Street Journal
First Take: Beginning of the end of easy moneyUSA TODAY
CFA Institute Enterprising Investor (blog) -Washington Post (blog)
all 2,950 news articles »


California Presses CFPB for More Mortgage Disclosure Transparency
Reverse Mortgage Daily
“These data are especially important and relevant as the CFPB here proposes to require the reporting of reverse mortgages, where the successors in interest dilemma is all too real.” To address this, the organizations propose a data field be crafted to ...

and more »


Home Price Gains Continue to Fade on National Level
Reverse Mortgage Daily
Even among some of the notably stronger housing markets to withstand the housing crisis, home prices are continuing to fade further on a national basis, indicating that rebounds are tending to taper off with less hope ahead for substantial further gains.



Consumer Satisfaction Rebounds for Big, Midsize Banks
Reverse Mortgage Daily
Overall banking satisfaction among small businesses bounced back in the last year, with large and midsize banks showing the strongest improvements, according to the J.D. Power 2014 U.S. Small Business Banking Satisfaction Study. Now in its ninth year, ...

and more »


Florida, Arizona Shine for Reverse Mortgage Comebacks
Reverse Mortgage Daily
Endorsement volume for Home Equity Conversion Mortgages (HECMs) fell off a cliff in August to a new two-year low, but while activity continues to drag in 2014 thus far, some metros have experienced an uptick in performance, according to the latest HECM ...



SFGate: Questions Persist for Reverse Mortgages
Reverse Mortgage Daily
Americans who have a reverse mortgage solely in their name who are concerned about their spouse's ability to remain in the home after their death have options, says San Francisco sister publication SFGate in a recent article. “I have a reverse mortgage ...

As a result of the reforms enacted by FHA beginning in September 2013 to protect non-borrowing spouses and ensure the long-term stability of the HECM program, much of the press coverage has been positive in 2014. In this section, we have provided links to some of the more favorable stories published in regional and national newspapers during the past year.

The Wall Street Journal-September 22, 2014
When the Client Educate the Advisor

Los Angeles Times- September 21, 2014
Many Seniors Trying to Retire With a Mortgage

The Washington Post-September 20, 2014
Reverse Mortgages No Fast Ticket to Retirement East Street

The New York Times-September 19, 2014
Parents, the Children Will Be Fine. Spend Their Inheritance. Now.

Associated Press/ABC News-September 15, 2014
Once Troubled Reverse Mortgages Poised for Rebound

Kiplinger's Personal Finance-October 2014
New Reverse Mortgage Rules Protect Younger Spouses

Sandusky (OH) Register-September 8, 2014
Reverse Mortgages Help Many Seniros in Retirement

Fort Worth Star-Telegram-July 25, 2014
New Rules on Reverse Mortgage Designed to Make Loans Safer for Elderly

The Villager Newspaper
(CO)-July 23, 2014
Boomers Seeking Ways to Fund Longevity

Denver Post-July 19, 2014
Denver a Test Market for Reverse Mortgage Rebranding

The Dallas Morning News-July 16, 2014
Reverse Mortgages Are Becoming a Financial Planning Tool

Tampa Bay Times-June 13, 2014
Reverse Mortgage is a Useful Financial Tool (Op-ed by Peter Bell, President/CEO, NRMLA)

The Palm Beach Post-June 8, 2014
New Reverse Mortgage Rule Aims to Keep Surviving in Home

The Press-Enterprise (Riverside, CA)-May 19, 2014
Forward Thinking Through Reverse Mortgages (Op-ed by Peter Bell, President/CEO, NRMLA)

The Wall Street Journal-March 22, 2014
A Kindler, Gentler Reverse Mortgage

Journal of Financial Planning-March 2014
Retirement Trends, Current Monetary Policy, and the Reverse Mortgage Market

Financial Advisor IQ-March 4, 2014
Look Who's Recommending Reverse Mortgages

Kiplinger's Retirement Report-March 2014
What Heirs Need to Know About Reverse Mortgages


The New York Times-February 13, 2014
Retiring on the House


MarketWatch-December 17, 2013
Expect Reverse Mortgages to Grow in Popularity

MarketWatch-October 9, 2013
New Rules Could Revive Reverse Mortgages

The New York Times-September 6, 2013
Tighter Rules Will Make It Harder to Get a Reverse Mortgage

The Wall Street Journal-August 16, 2013
Reverse Mortgages Can Benefit Retirees, Both Wealthy and Not

Jane Bryant Quinn, Personal Finance Commentator-August 15, 2013
A great reverse mortgage idea: Take a credit line now

The New York Times-July 12, 2013
Rules for Reverse Mortgages May Become More Restrictive

The Mortgage Professor-July 4, 2013
Using a Reverse Mortgage to Avoid Impoverishment

The Miami Herald-April 22, 2013
Aging in Place: A New Frontier in Housing


The Wall Street Journal-February 5, 2013
Reverse Mortgage Redo