A local CBS news segment shows a happy reverse mortgage borrower and explains how the loan can be used to stay at home.  For those who meet the 62-plus age requirement, are on a fixed income, and plan to stay in the home for a number of years, a reverse mortgage can be a good [...]

Reverse Mortgage Solutions’ Mike Kent, president of mortgage lending, sat down with RMD at the NRMLA Eastern Regional conference in New York a couple of weeks back to talk about new opportunities for the reverse mortgage company, and what’s on the horizon for RMS on the “forward” side of the business. We asked Mike: What [...]

The Daily Show’s Jon Stewart poked fun at the outcry against President Obama’s recess appointment of Richard Cordray to lead the Consumer Financial Protection Bureau in a show that ran late last week. “What did he do that was so wrong?” Stewart asks. “That’s use of power!” he says of Obama’s appointment.

“Read the fine print,” advises Jennifer Lane, certified financial planner, in an interview with New England Cable News this week on the topic of reverse mortgages. “That’s why a lot of financial planners tell people to stay away from reverse mortgages.” Lane cites high closing costs as something borrowers should look out for, but says [...]

A reverse mortgage may be right for someone who is cash poor and house rich, says a CBS News Money Matters online segment this week. The segment focuses on whether a reverse mortgage is right for someone with little income and a small mortgage payment. In a situation where someone is cash poor and house [...]

In a financial advice segment published by CNBC earlier this month, adviser Suze Orman addresses a reader question about whether a reverse mortgage is right for the viewer and her husband. The viewer, whose husband is considering the reverse mortgage, says she is skeptical about the option. The couple should not get the reverse mortgage [...]