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Key Takeaways Reverse mortgages are a loan option for homeowners age 62+ that convert home equity into cash with no monthly payments required. Loan balances grow over time with int...
Every month, Mortgage Professional America is producing a series of articles on a theme affecting mortgage professionals across the US. All coverage through the month can be found...
The Mortgage Bankers Association (MBA) on Tuesday announced the launch of a new member forum dedicated to reverse mortgages and other senior-focused mortgage products.
Atlantic Avenue led HECM brokers with 938 endorsements in the trailing 12 months as the top 5 companies stayed unchanged through March 2026.
A mortgage executive says 30 million homeowners over 55 have equity they can't access, and brokers who understand the gap have a real opportunity
NatEquity compares HECMs, senior HELOCs, HEIs and HouseMoney for senior homeowners, outlining costs, terms and risks.
May HECM endorsements fell to 1,967, down 4.7% from April. Mutual of Omaha Mortgage led with 423 and a 21.5% market share.
New American Funding is ramping up its push into reverse mortgages. It has grown its dedicated reverse division from three loan officers to 85 in the past three years as more senio...
Reverse mortgages were at one time considered the Wild West of financial products, associated with aggressive and even predatory sales tactics targeting seniors in the United State...
Hana Financial Group’s private reverse mortgage has attracted more than 330 billion won ($220 million) in subscriptions from over 260 customers since its launch a year ago, the gro...
Finance of America explains how reverse mortgages, reverse second liens and housing wealth strategies are helping originators serve today's senior homeowners
Onity Group will cash out of its reverse mortgage business in a deal with one of the largest providers of the product in the U.S. The West Palm Beach-based mortgage servicer receiv...
Finance of America remained the top Home Equity Conversion Mortgage lender in June 2026 as overall direct retail endorsements increased modestly from May but continued to trail las...
Faced with a $60,000 shortfall and reluctant to sell their home, Jill and her husband turned to a reverse mortgage.
HighTechLending markets its EquitySelect HELOC for 55+ borrowers as HECM volume has fallen about 78% since 2009.
Finance of America expanded HomeSafe Second into four new markets, bringing availability to a total of 18 states and Washington, D.C.
A Mother's Life. A Family's Home. A Legacy at Risk.
Atlas VMS says 8.3% of HECM loans needed a second appraisal in Q1 2026 versus 10.4% in Q4 2025, adding cost and time.
Onity Group Inc. won regulatory approval for a revised sale of most of its reverse mortgage servicing rights to Finance of America, the company said Tuesday.
Fairway Home Mortgage launches Fairway SAFE, a nonprofit focused on educating seniors and professionals to prevent elder exploitation.
Smartfi Home Loans introduced Choice Service, a 50-bps rate reduction on its proprietary reverse mortgage for eligible veterans.
65-and-older households now spend about $122,000 annually, compared with roughly $60,000 in 2000, according to survey data.
For many Canadians aged 55 and over, managing monthly expenses on a fixed retirement income can be increasingly challenging. Rising costs like housing, healthcare, and debt payment...
Reverse mortgages let older Canadians unlock home equity without selling. Learn how they work, the costs, risks, and when they're worth considering. The post House rich, cash poor:...
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