On Tuesday, the National Reverse Mortgage Lenders Association (NRMLA) held its first dedicated reverse mortgage industry event of the year. The association’s Western Regional Meeting in Irvine, ...
Retirees often struggle to operate on a fixed income — but today's economy, with its rising prices and increasing costs of living, makes things even harder. Fortunately for homeowners, there are ...
NRMLA is holding its Western Regional Meeting in Irvine on April 29, and association president Steve Irwin offers HousingWire’s Reverse Mortgage Daily a preview AI Summary Reverse mortgage ...
In turn, more retirees and near-retirees are asking the question of whether opening a reverse mortgage will be worth it in 2026. The answer isn't simple, but the conditions shaping that decision are ...
Reverse mortgages have become increasingly popular among seniors aged 62 and older, with loan volumes reaching $13.2 billion in 2022. This surge is largely driven by the need for supplemental ...
When larger banks stepped out of the reverse mortgage market in the 2010s, Finance of America gobbled up much of the demand to become one of the biggest names in the field. Today, FOA is the ...
PHH Mortgage, a subsidiary of Onity Group Inc., has introduced a new proprietary reverse mortgage product called EquityIQ®, available through its wholesale network under the Liberty Reverse Mortgage ...
Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. If ever you want to clear out a room, start a conversation about reverse mortgages.
Reverse mortgages let homeowners over 62 convert home equity into cash with no monthly repayments. Owners must pay house-related expenses, risking foreclosure if unable to maintain payments. In early ...
If you're an older homeowner looking for an infusion of cash, a reverse mortgage could seem like a no-brainer. there is no minimum credit score requirement and — as long as you stay current with your ...