There were a total of 298 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) in 2024 that were related to the reverse mortgage industry, according to a database ...

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 ...

Mark Diamond has been sentenced to 17 years in federal prison for his crimes against elderly homeowners, but the scars from the damage he inflicted across the Chicago metro area are still visible. A ...

A Chicago real estate scammer was sentenced to more than 17 years in federal prison for orchestrating a reverse mortgage and home repair scheme that defrauded over 100 elderly property owners. Mark ...

Make sure you understand all the costs, terms and conditions before applying for a reverse mortgage. Reverse mortgages are widely advertised to older adults as a way to convert part of the equity in a ...

Maurie Backman is a personal finance writer who covers topics ranging from Social Security to credit cards to mortgages to REITs. She also has an editing background and appears on live podcasts to ...

Fairway Independent Mortgage Corp. leads the digital shift in mortgage industry MADISON, Wis., April 8, 2025 /PRNewswire/ -- Fairway Independent Mortgage Corporation is spearheading the digital ...