Reverse Mortgages in the News

In The News Now

Examiner.com

Reverse Mortgages Lack Adequate Consumer Protections, GAO Warns
ElderLawAnswers.com
As the economy has slowed and housing values have dropped, reverse mortgages have become even more attractive to seniors looking for ways to use the equity ...
Reverse Mortgages Leave Seniors at Risk, GAO Says HUD Defends ...Washington Post
Reverse Mortgage Line of Credit that GrowsExaminer.com
Will More Reverse Mortgages Mean More Fraud?U.S. News & World Report
Daily Kos -Reverse Mortgage Daily -Mortgageorb
all 18 news articles »

MiamiHerald.com

Lawmakers look at rising scams for reverse mortgages
Kansas City Star
Taking part in a hearing on problems with reverse mortgages was Sen. Claire McCaskill, of the Senate Special Committee on Aging. ...
Lawmakers look at rising scams for reverse mortgagesMiamiHerald.com
Senate Hearing Examines Reverse Mortgage Industry Problems and ...Reverse Mortgage Daily
Reverse mortgages take value from homeKRCG
St. Louis Post-Dispatch -Missourinet.com -Kansas City Star
all 55 news articles »

New York Times

Reverse Mortgages for Home Purchases
New York Times
THE federal government issued new guidelines at the start of 2009 that would allow older borrowers to use reverse mortgages to buy a ...

and more »

Reverse Mortgage Servicer Celebrates 40 Years, Optimistic Outlook ...
Reverse Mortgage Daily
The company is licensed in all 50 states, as well as Puerto Rico and the US Virgin Islands and its reverse mortgage servicing portfolio exceeds $4.1 ...

and more »

Who, What, Where
Boston Globe
King has joined the bank as a reverse mortgage specialist in its Mortgage Banking Department and will work out of Eastern's Reading and Lynn offices, ...

and more »

Examiner.com

OCC's Dugan: Reverse Mortgages Could Pose Risks
Wall Street Journal
WASHINGTON (Dow Jones)--Reverse mortgages could be the next financial product to cause headaches for consumers unless policymakers ...
Regulator Warns Public About Reverse MortgagesWashington Post
Reverse mortgages may be susceptible to abuse too, regulators sayLos Angeles Times
US regulator sounds alarm about reverse mortgagesReuters
Examiner.com -Sarasota Herald-Tribune -Wall Street Journal
all 31 news articles »

RealEstateRama

Reverse mortgage debate in overdrive
Chicago Tribune
The warning bells sounded pretty loud and clear earlier this month when a top banking regulator compared the potential risks of reverse mortgages with the ...
Seniors using reverse mortgages to repair diminished nest eggsnewjerseynewsroom.com
Reverse mortgages: Are they for you?YourWestValley.com
Reverse mortgagesCBS 42
Scituate Mariner -Reverse Mortgage Daily -RealEstateRama -Reverse Mortgage Daily
all 9 news articles »

Brett Carter Joins NGFS Investor, LTC Global
Business Wire (press release)
In addition, Carter will assist LTC Global in identifying and evaluating additional investments and strategic relationships in the reverse mortgage space, ...

and more »

Federal Trade Commission to Intensify Scrutiny of Reverse Mortgages
Reverse Mortgage Daily
Government continues its march toward greater involvement in private enterprise, including the reverse mortgage sector, with the Federal Trade Commission ...

and more »

Examiner.com

Bank Regulator Sounds Alarm on Reverse Mortgages
Washington Post
In late-night commercials, a pitchman such as Robert Wagner (who starred in the early-'80s series "Hart to Hart") explains that reverse mortgages are a way ...
Reverse mortgage helps those in needExaminer.com
Reverse Mortgages Could See Higher PremiumsWall Street Journal Blogs
Advocates advise caution when exploring reverse mortgagesSt. Louis Post-Dispatch
HULIQ -Wall Street Journal Blogs -HULIQ
all 9 news articles »

The following section contains up to the minute news coverage of reverse mortgages as provided by Google News Alerts. There are additional links to television news stories and a small sampling of print articles published in regional and national newspapers this year.

Television / Radio

Following is a list of television networks and local stations that have provided news coverage of reverse mortgages over the past several years.

Good Morning America - 1/8/08

NBC Nightly News - 2/12/2007

CBS' The Early Show - 2/02/2006

NBC Nightly News - 2/28/2005

CBS Early Show - 7/19/2003

CBS' The Early Show - 12/11/2002

News Coverage

Following is a sample listing of articles that discuss reverse mortgages.

San Francisco Chronicle - April 12, 2009
New Reverse Mortgage Opens Options for Seniors

Wall Street Journal - April 11, 2009
Reverse Mortgage: Get Cash, But Use Caution

The Wall Street Journal - January 23, 2009
Demand for Reverse Mortgages Climbs

San Diego Union Tribune - Nov. 30, 2008
Reverse Mortgages a Lifeline for Seniors

HeraldNet (WA) - Nov. 30, 2008
Even Now Reverse Mortgages a Viable Option

Providence Journal (RI) - Nov. 16, 2008
Reverse Mortgages Near Last Year's Sales High

Christian Science Monitor - Oct. 27, 2008
Reverse Mortgages Get a Boost from Uncle Sam

The Wall Stree Journal - Oct. 26, 2008
Reverse Mortgage Fees Drop, Loan Limit Rises

The New York Times - Oct. 24, 2008
Reverse Mortgages Retooled

USA Today - July 25, 2008
Housing Bailout Act Has Help for More than Struggling Owners

MortgageOrb - June 2008
Reverse Mortgages: The Campaign for Hearts and Minds

The Post and Courier (Charleston, SC) - Nov. 4, 2007
Seniors Tap Home Equity with Reverse Mortgages

U.S. Department of Housing and Urban Development-July 17, 2007
Two Million More Seniors Could Access Reverse Mortgages Under FHA Reform Proposal

The Ledger Online (FL)-July 16, 2007
Older Americans Can Find Financial Shelter at Home

San Francisco Chronicle-July 15, 2007
Jumbo Reverse Mortgages for Boomers

U.S. Department of Housing and Urban Development-June 20, 2007
More than 300,000 Seniors Benefiting from HUD Reverse Mortgages

The Free Lance-Star (Fredericksburg, VA)-May 6, 2007
"Miracle Mortgage" Can Save a Home

RealtyTimes.com-May 1, 2007
Reverse Mortgages Boom While the
Rest of the Industry Swoons

The Wall Street Journal (as published in the San Diego Union-Tribune)-Jan. 30, 2007
Reverse Mortgages Turn Home Equity Into Income

SNLFinancial-Jan. 30, 2007
Reverse Mortgages Set to Explode, Ginnie Mae Says

BusinessWeek-February 5, 2007
Pumping Up Your Reverse Mortgage

Money Magazine-March 23, 2006
Reverse Mortgages: Stay Home, Make Money

TheStreet.com-May 9, 2006
Moving Forward With Reverse Mortgages

Arizona Daily Star-August 13, 2006
Finding Money at Home

Dallas Morning News-April 27, 2006
Getting Money Back From Your Home

The Washington Post-January 8, 2006
Keep the House, But Get the Cash