Both can help alleviate financial stress. Here's how to determine which makes sense for you, according to experts.

What Is a Reverse Mortgage? A reverse mortgage is a loan that allows homeowners, typically those age 62 or older, to cash in on part of their home’s equity without selling it.

Reverse Mortgage Solutions (RMS) announced a partnership that enables Lender Processing Services (LPS) to offer RMS’s reverse mortgage origination and servicing technology to lenders.

Reverse mortgages are widely advertised to older adults as a way to convert part of the equity in a home to cash in the form of a loan — without having to sell the property.

Whether you already own a house or are planning to buy one, you must be aware of certain terms associated with the real ...

A reverse mortgage isn't typically the best way to cover the cost of long-term care. After all, long-term care insurance was designed to do so and is more cost effective than a reverse mortgage.

The Reverse Mortgage Report (RMR) just published that the Mortgage Bankers Association is forming a 15 member task force to help establish standards for the reverse mortgage business.

With a reverse mortgage, you borrow against the equity in your home, freeing up cash. Here’s what that means when it comes to taxes, senior benefits, and interest rates.

Important considerations Now don't get it twisted—a reverse mortgage is not free money. It's still a loan that must be repaid eventually. Your debt increases over time. Think of it like this ...