Reverse Mortgages in the News

In The News Now

Live Wire: Reverse mortgage deal needs scrutiny
Fayetteville Observer
Q: I've seen commercials on TV recently for reverse mortgages. Are they legitimate? Also, how much money would someone receive on a house worth $200,000? - O.S., Hope Mills. A: You should carefully consider any financial deal, including - and perhaps ...

ABC News

Once-Troubled Reverse Mortgages Poised for Rebound
ABC News
Advertised as a path to an affordable retirement, federally insured reverse mortgages are showing signs of a rebound, drawing the scrutiny of regulators seeking to reduce historically high default rates that have cost the government billions. Industry ...
ABC: Reverse Mortgages Positioned for ComebackReverse Mortgage Daily

all 98 news articles »


Reverse Mortgage Pros And Cons
If you're a homeowner who is at least 62 years old and exploring ways to finance retirement, you may be considering a reverse mortgage: a product that allows you to convert your home equity into cash. Whether you are looking for money to pay for a home ...
Boston College eBook Touts Retirement Benefits of Getting a Reverse MortgageReverse Mortgage Daily
Take steps to skirt reverse mortgage restrictionsLenders calculate how much
Reverse mortgage firm opens headquarters in Bloomfield, bringing 50 jobs to NJNJBIZ

all 6 news articles »

Reverse Mortgage Securities Signal Short-Term Volume Growth
Reverse Mortgage Daily
After hitting a low monthly total in July, Home Equity Conversion Mortgage-backed securities (HMBS) have rebounded in August to their third-largest monthly issuance this year, according to the latest commentary from New View Advisors. Last month, HMBS ...

Cities, College Towns Lure Boomers With Entertainment, Low Mortgage Costs
Reverse Mortgage Daily
Cities have become a draw lately for baby boomers entering their retirement years, but this cohort is also looking to college towns for active environments and lower mortgages, Fox Business reports. Plus, “many want to downsize and trade in their home ...

and more »

Reverse Mortgage Industry Honors Joe DeMarkey With Service Award
Reverse Mortgage Daily
In recognizing the time, efforts and resources of individuals who have left—and continue to leave—a mark on the reverse mortgage industry, the 14th annual Reverse Mortgage Day of Texas this week honored Reverse Mortgage Funding's Joe “Tex” ...

Reverse mortgages could be used by retiring boomers
Poughkeepsie Journal
Analysts say they expect continued interest as the leading edge of 78 million baby boomers approaches 70, the age a person typically begins to consider a reverse mortgage. A Gallup poll in April found 68 percent of Americans ages 50-64 said they were ...

Walter Takes Retail Focus in New Reverse Mortgage Landscape
Reverse Mortgage Daily
Despite the near-term uncertainties arising from recent changes to the Home Equity Conversion Mortgage (HECM) program, Walter Investment Management Corp. (NYSE: WAC) is holding true to its reverse mortgage business and seeing sizable growth ...

Industry Adapts on All Fronts, Florida's Reverse Mortgage Program Soldiers On
Reverse Mortgage Daily
The reverse mortgage industry is adapting on all fronts as lenders, vendors and borrowers look to refresh their understandings of new program changes, says Shannon Hicks in this week's Reverse Focus podcast. There lies, however, a danger in those ...

National Mortgage Professional Magazine

David vs. Goliath in the World of Reverse Mortgages
National Mortgage Professional Magazine
Few people have made a more vibrant impact on the reverse mortgage sector than Atare E. Agbamu. In his work as a broker, originator, columnist, book author, activist and consultant, Agbamu has been a champion of the reverse mortgage product and a ...

and more »
Up to the minute news coverage of reverse mortgages as provided by Google News Alerts. Links to television news stories and a sampling of print articles published in regional and national newspapers are provided.

News Coverage

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

Associated Press/ABC News-September 15, 2014
Once Troubled Reverse Mortgages Poised for Rebound

Kiplinger's Personal Finance-October 2014
New Reverse Mortgage Rules Protect Younger Spouses

Sandusky (OH) Register-September 8, 2014
Reverse Mortgages Help Many Seniros in Retirement

Fort Worth Star-Telegram-July 25, 2014
New Rules on Reverse Mortgage Designed to Make Loans Safer for Elderly

The Villager Newspaper
(CO)-July 23, 2014
Boomers Seeking Ways to Fund Longevity

Denver Post-July 19, 2014
Denver a Test Market for Reverse Mortgage Rebranding

The Dallas Morning News-July 16, 2014
Reverse Mortgages Are Becoming a Financial Planning Tool

Tampa Bay Times-June 13, 2014
Reverse Mortgage is a Useful Financial Tool (Op-ed by Peter Bell, President/CEO, NRMLA)

The Palm Beach Post-June 8, 2014
New Reverse Mortgage Rule Aims to Keep Surviving in Home

The Press-Enterprise (Riverside, CA)-May 19, 2014
Forward Thinking Through Reverse Mortgages (Op-ed by Peter Bell, President/CEO, NRMLA)

The Wall Street Journal-March 22, 2014
A Kindler, Gentler Reverse Mortgage

Journal of Financial Planning-March 2014
Retirement Trends, Current Monetary Policy, and the Reverse Mortgage Market

Financial Advisor IQ-March 4, 2014
Look Who's Recommending Reverse Mortgages

Kiplinger's Retirement Report-March 2014
What Heirs Need to Know About Reverse Mortgages

The New York Times-February 13, 2014
Retiring on the House

MarketWatch-December 17, 2013
Expect Reverse Mortgages to Grow in Popularity

MarketWatch-October 9, 2013
New Rules Could Revive Reverse Mortgages

The New York Times-September 6, 2013
Tighter Rules Will Make It Harder to Get a Reverse Mortgage

The Wall Street Journal-August 16, 2013
Reverse Mortgages Can Benefit Retirees, Both Wealthy and Not

Jane Bryant Quinn, Personal Finance Commentator-August 15, 2013
A great reverse mortgage idea: Take a credit line now

The New York Times-July 12, 2013
Rules for Reverse Mortgages May Become More Restrictive

The Mortgage Professor-July 4, 2013
Using a Reverse Mortgage to Avoid Impoverishment

The Miami Herald-April 22, 2013
Aging in Place: A New Frontier in Housing

The Wall Street Journal-February 5, 2013
Reverse Mortgage Redo

NRMLA Responds to Sandusky Article September 8, 2014

The Sandusky (OH) Register published a letter submitted by NRMLA President and CEO Peter Bell in response to one local attorney’s attempt to discredit the reverse mortgage program based on a single client’s experiences.