Automatic Website Traffic RSS

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

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 of foreclosures has ... read more

Reverse mortgages: Predatory lending hits seniors as easy targets

100,000 reverse mortgages defaulted in recent years, a USA TODAY Network investigation found. Wrong incentives lure lenders and homeowners: Our view ... read more

Reverse mortgages left seniors in foreclosure. Here's what can be done - USA TODAY

The U.S. Department of Housing and Urban Development oversees most reverse mortgages under its Home Equity Conversion Mortgage program. Since its growth in popularity in the 2000s, seniors have ... read more

Reverse Mortgages: Good For Seniors? - NPR

Bank of America recently announced it would stop offering reverse mortgages to customers. Reverse mortgages have been marketed toward elderly homeowners, as a way to use equity of the property for ... read more

WSJ Video: Reverse Mortgages and the Housing Debate

The Wall Street Journal’s James Freeman sought answers on the Federal Housing Administration’s role in the reverse mortgage industry in a video segment this week. In an interview with the ... read more

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

Reverse mortgages offer homeowners aged 62 years and older an option to generate cash by borrowing money against their home equity, with funds drawn as a fixed monthly payment or line of credit. read more

Column: Debate on safety of reverse mortgages for U.S. seniors heats up By Reuters - Investing.com

Column: Debate on safety of reverse mortgages for U.S. seniors heats up ... read more

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

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 of foreclosures has ... 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 ... read more