A reverse mortgage can be a powerful way to supplement Social Security income and give your retirement budget a little more ...

Reverse mortgages are one option for seniors to access much-needed cash. But some Arizona homeowners have encountered problems.

An analysis of consumer complaint data by the CFPB reveals that reverse mortgage complaints have accelerated during the pandemic, particularly in late 2021.

There were 361 complaints about reverse mortgages submitted to the CFPB in 2023, a number that dropped to 298 in 2024.

If you're getting a divorce but are reluctant to sell your home or can't afford to buy out your spouse's half, a reverse ...

The reputation of reverse mortgages has had its ups and downs since they were first piloted by the Reagan administration. A financial tool that allows older people to tap home equity and age in ...

A reverse mortgage can significantly complicate your estate planning. If neither your estate nor your heirs repay the loan ...

If you’re a big spender, taking out a reverse mortgage could add to the problem. Don’t forget you’re reducing your home’s equity, which is important if you plan to leave the property ...

But reverse mortgages have drawbacks, too. A reverse mortgage can be an extremely expensive and tricky way to borrow, so you need to understand the risks and costs before proceeding.

You’ve probably seen the many commercials on television where actors plug reverse mortgages. They talk generally about the benefits of this financial product, but fail to tell viewers exactly ...

Reverse mortgages don't require you to make monthly payments. But sooner or later, they must be repaid.

Across metro Detroit and the nation, a sticky subgroup of foreclosure cases involve reverse mortgages.