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COLUMN-Debate on safety of reverse mortgages for U.S. seniors heats up

CHICAGO, Feb 1 (Reuters) - Foreclosure is a frightening word - especially if the person losing her home is a senior living on a modest, fixed income. And some housing advocates worry that the number ... read more

7 Groups of Older Americans Who Could Benefit From a Reverse Mortgage Now

Roughly 80% of Americans over 62 own their home, and the Federal Reserve estimates their average equity tops $300,000. Yet many keep fewer than three months of expenses in liquid savings. read more

The 6-month reverse mortgage rule: What it is and why it matters to borrowers

The 6-month reverse mortgage rule is an important one to understand, as it can make or break your estate plans. read more

Are reverse mortgages a safe option for seniors? Here's what to know.

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ... read more

Reverse Mortgage Legislation Debate Continues Through Newspaper Editorials

The Star Tribune has been publishing back and forth commentary on the decision by Minnesota Govenor Tim Pawlenty’s decision to veto a reverse mortgage bill earlier this year which would’ve driven up ... read more

Debate on safety of reverse mortgages for U.S. seniors heats up

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. Foreclosure is a frightening word — especially if the person losing her home is a senior living on a modest, fixed income. And ... read more