Reverse Mortgages − Latest Articles:
Reuters reports that MetLife Inc, the largest U.S. life insurer and reverse mortgage lender, made a surprise shift on Thursday with the sale its reverse mortgage business as part of its exit from banking-related activities. Nationstar Mortgage LLC will buy its reverse mortgage servicing portfolio, and MetLife Bank would not accept any new applications, the company said. Read article Will Product Mix Struggle with Loss of Large Reverse Mortgage Lenders? Reverse Mortgage Daily reports most reverse mortgage competitors agree that [...]
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A comprehensive new study from the MetLife Mature Market Institute shows the age of those seeking Home Equity Conversion Mortgages (HECM), popularly known as reverse mortgages, has plummeted in the[...]
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When Mr. Jones, a retired federal employee of 30 plus years, met with an attorney to discuss a reverse mortgage, he was the only one present. His wife was in a rehabilitation center recovering from a[...]
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After the sudden death of her husband, Dorothy Duvall thought that her dream of traveling across the country in a motor home had been brought to a halt for good.
She and her husband had lived in[...]
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Typically, the vast majority of people associate a reverse mortgage with someone needing financial assistance to cover the increasing costs of medications, groceries and home maintenance. However, Mr.[...]
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For an increasingly large number of senior homeowners, reverse mortgages are an attractive financing option that affords them the opportunity to remain in their own homes and receive much-needed[...]
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Alan and Katharine Jung are truly a model for ideal retirement living. Not only have their retirement living decisions been well thought-out and proactive, but they have also embraced the new[...]
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Two signs hang outside Mrs. Sadie Hofstein's apartment in Martin's Run, a continuing care retirement community in Media, PA. One cheerfully announces, "I'm O.K.," while the other is a more[...]
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