If you're planning to take out a reverse mortgage, there are unique considerations to think about in this market.

Thinking about a reverse mortgage? Here's what it really takes to get approved for this unique borrowing option.

Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors — can ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. Retirees often ...

Since it was originally founded in the wake of the 2008 financial crisis, the Consumer Financial Protection Bureau (CFPB) has been a chief figure in the regulatory enforcement of the mortgage industry ...

Inheriting a house with debt always involves doing some extra homework, and if the home has a reverse mortgage, there's a ...

A reverse mortgage can be a smart fix for seniors who need to borrow, but there are risks if you can't cover what's owed. . Reverse mortgages, which allow homeowners ...

In the ongoing lawsuit between two leading reverse mortgage lenders over allegations of improper advertising practices, both parties recently conferred in front of a magistrate judge, but did not ...

For older homeowners considering a reverse mortgage, one of the most important factors to understand is the 60% rule. This lending cap, introduced as a safeguard, determines how much money borrowers ...

Seniors approaching retirement (ideally) have a few sources of income to draw on, including Social Security and distributions from their investment accounts. But what if that’s not enough? Some older ...