Reverse Mortgages in the News


In The News Now

Reverse mortgage repayment must be made swiftly
Newsday
First of two columns on reverse mortgages. My late mother's reverse mortgage was a blessing for her. It let her remain in her house until she died. But it was a nightmare for me afterward. I was told her estate had 30 days to repay the loan. I sold the ...



Introducing the 'kosher' HECM reverse mortgage
Chicago Daily Herald
When scaled by the need for certification, HECM reverse mortgages are at the top. They are extremely complex, and markedly different from the standard mortgages that many seniors learned about when they took one earlier in their lives to purchase homes.



Friday Round-Up: Reverse Mortgages High on CFPB Radar
Reverse Mortgage Daily
Investopedia: 5 Financial Alternatives to Reverse Mortgages—A reverse mortgage is no longer a tool for last resort, but it's also not the only option for homeowners age 62 and older to convert their home equity into cash, notes Investopedia. The ...



Lenders Seek Reverse Mortgage Professionals Nationwide — Apply Today
Reverse Mortgage Daily
The Money Store, Reverse Mortgage Funding LLC, Premier Reverse Closings and VanDyk Mortgage San Antonio, among others, are seeking reverse mortgage loan officers, regional sales managers, business development representatives, reverse mortgage ...



Bankrate: New Rules Make Reverse Mortgage Viable
Reverse Mortgage Daily
Recent regulation changes to federal reverse mortgages have transformed the product from a “loan of last resort” to a viable financial planning tool, says Bankrate in a recent article. Bankrate notes some of the key changes that paved the way for the ...



Home Equity Is a Reliable 'Piggy Bank' — In Some Areas
Reverse Mortgage Daily
Home prices have rebounded since the 2008 financial crisis, making it easier for homeowners to build home equity and tap into it through reverse mortgages, refinancing or downsizing. But only in certain places can home equity act as a reliable “piggy ...



Annual NRMLA Conference to Focus on Reverse Mortgage 'Reset'
Reverse Mortgage Daily
In the wake of several substantial program changes that have taken place over the past year, the 2014 National Reverse Mortgage Lenders Association conference to be held in Miami November 10-12 will focus on a reverse mortgage “reset.” “We are trying ...



Albuquerque Journal

5 Top Alternatives To A Reverse Mortgage
Investopedia
If you're 62 or older, you may be able to convert the equity in your home into cash with a reverse mortgage. This loan lets you borrow against the equity in your home to get a fixed monthly payment or line of credit. Repayment is deferred until you ...
Reverse mortgages: Reshuffling the deckAlbuquerque Journal
Tomorrow's Mortgage Space (Part III)National Mortgage Professional Magazine
Floating-rate debt is great when interest rates go downFT Alphaville (registration)

all 334 news articles »


Huffington Post

Introducing the Kosher HECM Reverse Mortgage
Huffington Post
When scaled by the need for certification, HECM reverse mortgages are at the top. They are extremely complex, and markedly different from the standard mortgages that many seniors learned about when they took one earlier in their lives to purchase homes.
Mortgage Prof.: 'Kosher' Reverse Mortgages Would Simplify ProductReverse Mortgage Daily

all 4 news articles »


Investment News: Reverse Mortgage Viable Option for Retiring Boomers
Reverse Mortgage Daily
While data show a housing recovery is on the horizon, it may be of little help to Baby Boomers — many of whom have homes that greatly depreciated during the recession. Yet, reverse mortgages may be a solution for many looking to tap their home's ...

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