A prospective reverse mortgage borrower can certainly benefit from taking out the loan, but should also keep other facets of it in mind according to a new Forbes article.
Category: Products
Reverse mortgages may not be “loans of last resort” and can actually benefit a senior who is already well-positioned in retirement, according to a new Bloomberg article.
RMS co-founder and former president and CEO H. Marc Helm has been appointed to the board of directors for the LRES Corporation.
FAR’s parent company is acquiring a home renovation loan provider to launch a new vertical, which FAR sees as having “synergies” with seniors’ desires to age in place.
FAR has announced a new proprietary product combining elements of forward and reverse mortgages, so RMD sat down with company president Kristen Sieffert to learn more about it.
For seniors entertaining a cash-out refinance, one potential alternative they might consider exploring is a reverse mortgage according to Money.com.
A column at Forbes aims to inform people about potential alternatives to reverse mortgages for accessing home equity.
Home equity can help provide a path to a more secure retirement in light of increasing senior home equity, and rising retirement instability according to a new column at The Street.
An alternative equity tapping company has made “taking on the reverse mortgage industry” central to its narrative as it seeks to show Canadian homeowners a different way to tap into their home equity, and says that its eyes are focused on expanding into the United States in the coming months now that it is armed […]
Reverse Mortgage Funding, LLC (RMF) has announced changes to its Equity Elite proprietary reverse mortgage product, specifically on the “Equity Elite Term Payment” option. Now, the Term option will have one set of rates for all terms between 2 and 10 years (or 24 and 120 months), and the required upfront draw will decrease from […]