Your parents, the people who always seemed invincible, confess they're struggling to keep a roof over their heads. The house you grew up in might slip through their fingers, and now they’re ...

The federal government's decision reflects the recent nationwide jump in home prices.

Another alternative to consider is a reverse mortgage, which could allow you to tap your equity while you remain in the home.

Currently, rates at HomeEquity Bank and Equitable Bank – the two heavyweight lenders in the space – hover around 7 per cent ...

A reverse mortgage allows seniors to access cash from the equity they've amassed in their home. It can be an appealing prospect: You retain ownership of the property and the funds don't have to ...

The U.S. population is older today than ever before, with people over 65 outnumbering children for the first time in history.

The class A1 notes have the lowest cumulative advance rate, which combines the interest and mortgage insurance rates to show ...

Longbridge also offers the HECM for Purchase reverse mortgage, enabling seniors to buy a new primary residence while reducing out-of-pocket expenses. Their website features comprehensive resources ...

Chicago businessman Mark Diamond victimized elderly, vulnerable homeowners in a years-long scheme with unfulfilled promises ...

David Herron's home in North Lawndale has been in his family for more than six decades. Among other repairs, it needs a new ...

Mark Steven Diamond was sentenced to 17 years in prison after “bilking elderly homeowners in a reverse mortgage and home ...

Mark Diamond, 68, pleaded guilty to scamming more than 100 homeowners out of at least $7 million through a reverse mortgage ...