The Department of Housing and Urban Development is selling more due-and-payable HECMs on homes that are occupied while ...

According to a criminal complaint, Christopher and Raquelle Judge would require clients to make payments in multiple ...

The head of the country’s largest group of mortgage brokers has cast doubt on major banks’ ability to boost lending through their own channels.

CHICAGO — A Munster resident is part of a federal criminal case that saw the first of the co-defendants sentenced this week to more than 17 years behind bars for bilking elderly homeowners in a ...

The Mortgage Bankers Association is examining the data to see if the high ratio warrants a new push for a premium cut but ...

Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly ...

Reverse mortgages are being sold to older homeowners as a lifeline, but the fine print often turns that promise into a trap that can strip away equity just when retirees need it most. Dave Ramsey has ...

Most of the complaints boil down to consumer confusion over the terms of a loan. The most common complaint is that borrowers are unable to refinance. Related, many consumers dislike that they cannot ...

If you're holding on to your home but have bigger dreams, it's okay to sell and move on. Taking out a home equity loan (HELOC) is a lower-cost option you might also consider. If there's extra space in ...

If there’s one thing you should know going into the home-buying or refinancing market this year, it’s this: Mortgage scams are evolving faster than ever. From phishing tactics to impersonation of ...

I’m sure you’ve had plenty of clients tell you they want to pay off their mortgage. After all, being debt-free is a worthy goal, and it brings peace of mind, especially in times of economic chaos. But ...

Ohio case highlights rising elder fraud risks: A scammer’s attempt to steal home equity through a reverse mortgage was thwarted. SmartPolicy technology stopped the crime: EquityProtect’s system locked ...