WASHINGTON — Interested in a reverse mortgage without a lot of hassles? Get your application in now. On April 27, a series of extensive “financial assessment” tests will make applying for a reverse mortgage tougher — much like applying for a standard home mortgage.
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $5.904 million portfolio bridge loan to finance the acquisition of a Patio Village Apartments. The borrower …
The American Bankers Association has endorsed, through its Corporation for American Banking subsidiary, Reverse Mortgage Funding LLC’s reverse mortgage program including its full o
Mortgage demand seems to be suffering from a lack of reason to refinance and a lack of homes for sale.
Mortgage rates fell for the first time in four weeks, mortgage buyer Freddie Mac said Thursday.
There's a new mortgage crisis brewing — only this one is completely different than the one in 2008, says bank analyst Dick Bove.
Two reverse mortgage borrowers explain their reasons for getting the loans.
10 Reasons Not to Take Out a Reverse Mortgage
10 Reasons Not to Take Out a Reverse Mortgage
Senior homeowners who want to get a reverse mortgage might wonder whether they should discuss their plan with their adult children. The answer is maybe.