Latest Reverse Mortgage News

New View Advisors Launches Reverse Mortgage Modeling Tool
Financial services company New View Advisors has introduced a free online reverse mortgage tool via its website. The “Beyondbond Cash Flow Model” calculates price, yield and discount margins for fixed or adjustable rate Home Equity Conversion …
Read more on Reverse Mortgage Daily

Senior Home Equity Reaches Highest Level Since 2009
Senior home equity continues to rise in 2012 with the third quarter posting the fastest quarterly gain since 2005, according to data from the National Reverse Mortgage Lenders Association (NRMLA) and RiskSpan Reverse Mortgage Market Index (RMMI).
Read more on Reverse Mortgage Daily

Reverse mortgage: Is it too risky?
You want to put off a reverse mortgage as long as possible. The amount you can borrow is based on the current interest rate (you can borrow more when it's lower), your home equity, and the age of the younger spouse. The older he or she is, the more you …
Read more on CNNMoney

Senior Homeowners Warned of Risks of Reverse Mortgages
That is, until their home was drained of its 19-year equity by a reverse mortgage and sold out from under Linda to pay it back as soon as her husband died. "They must read the death notices, because I'd say within two days, I get a letter: 'Sorry to …
Read more on ABC News