Reverse mortgage metrics dipped slightly in June
The high mortgage rates that have stymied the broader housing market continue to put a lid on reverse mortgage activity too.
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What’s in Trump’s ‘Big Beautiful Bill’ for seniors?
The 1,116-page Senate bill contains some key changes for older Americans, including a bonus tax deduction. But it also cuts Medicaid.
Record-high home equity provides opportunity for the reverse mortgage industry
Record-high home equity is good news for seniors looking to remodel their homes, particularly those considering a reverse mortgage.
A financial planner shares her journey to understanding reverse mortgages
While only a fraction of her clients use them, Rachel Gustafson says that reverse mortgages are a useful tool for those with specific needs.
Global equity release market projected to top $56B by 2035
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IRS stipulation could have consequences for seniors in a declining stock market
Required minimum distributions are taxed as income and “can be painful when retirees have to sell assets in a falling market.”
In Chicago, a reverse mortgage scammer left a lasting scar
Mark Diamond was sentenced to 17 years in prison for his crimes against elderly homeowners, but the damage in Chicago is still visible.
Judge sets trial timeline for Mutual of Omaha and Longbridge
A new court filing offers insight into when the reverse mortgage advertising lawsuit will land in front of a jury.