Reverse Mortgages

Risky Mistake More Boomers Are Making

Loren Berlin | Posted 03.20.2012

Here's another grim sign for boomers looking ahead to retirement. More of them are tapping into their home's equity to take out so-called reverse m...

A Mortgage Horror Story

Ann Brenoff | Posted 03.18.2012

Ann Brenoff

Temporary relief for a temporary situation; isn't that precisely what the loan modification is suppose to address?

90-Year-Old Miami-Dade Woman Faces Foreclosure

Posted 02.12.2012

A 90-year-old woman in Southwest Miami-Dade is facing foreclosure on the modest home she's lived in for about 57 years, reports WSVN. "Where am I ...

Brewing Nightmare: Foreclosures on Seniors' Reverse Mortgages

Mark Miller | Posted 05.25.2011

Mark Miller

Reverse mortgage loans, which allow seniors to convert home equity into cash, have become more popular in recent years. But now, the government regulators are dealing with a potential nightmare.

Business Financing Has Unexpected Alternatives

Jerry Chautin | Posted 05.25.2011

Jerry Chautin

Borrowers who were seeking creative financing raised my antennae when I was in the lending business.

Shahien Nasiripour

Reverse Mortgages Are "Subprime Revisited," Says Consumer Law Group

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Many of the now-discredited practices that enabled the subprime mortgage market to boom and then bust have reappeared in the reverse mortgage business...