If you’re a homeowner looking for ways to tap into your home’s equity, two common options you might consider are a reverse mortgage and a home equity loan. Both allow you to use your home’s value to ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while reverse mortgages allow seniors to borrow without adding to ...

MBA submitted seven recommendations to HUD and Ginnie Mae to reform the HECM and HMBS programs, with a focus on liquidity and insurance costs. AI Summary The Mortgage Bankers Association (MBA)’s ...

For many retirees, a reverse mortgage can be a useful tool that adds some much-needed breathing room to their finances. By allowing homeowners ages 62 and older to tap into their home equity without ...

The Department of Housing and Urban Development is selling more due-and-payable HECMs on homes that are occupied while ...