Reverse Mortgages in the News

In The News Now

What to do with a reverse mortgage if you remarry
MarketWatch
WASHINGTON (MarketWatch) -- Question: I have a friend who took out a reverse mortgage with his wife. His wife passed away and he has since ...
Reverse mortgages help some seniorsSt. Louis Post-Dispatch
Reverse Mortgages: MSNBC 'Consumer Man' Gets It Wrong Says Industry LeaderSeniorJournal.com
Home mortgage amortization site launched today. Home loan amortization secrets ...I-Newswire.com (press release)

all 5 news articles »

BofA Merrill to sell $92 mln reverse mortgage RMBS
Reuters
If proceeds from the sale of a property securing a reverse mortgage are insufficient to pay off the balance, a claim will be filed on the Federal Housing ...

and more »

MassLive.com

Bill to Extend Borrower Redemption, Tenant Rights Goes to Mass. Governor
Housing Wire
The home equity conversion mortgage (HECM) product is the most popular form of reverse mortgage and is backed by the Federal Housing Administration (FHA). ...
Bill to shield Mass. renters, elders on gov's deskBusinessWeek

all 18 news articles »

Reverse Mortgage Daily

Lender Calls Out MSNBC for Misleading Reverse Mortgage Reporting
Reverse Mortgage Daily
MSNBC's Herb Weisbaum wrote that consumer advocates believe the country is headed toward another mortgage meltdown in the reverse mortgage industry. ...

New York Daily News

Reverse Mortgage Loans For Homeowners In Need Of Cash–How Are Senior ...
Red, White, and Blue Press (blog)
Many senior homeowners use funds from a reverse mortgage for a variety of financial obligations or personal reasons. ...
A cash-in refinance can cut mortgage costsMarketWatch

all 121 news articles »

Rules set for reverse-mortgage lenders
Pittsburgh Post Gazette
Two state agencies have announced new guidelines for reverse-mortgage lenders aimed at protecting older ...
New Counseling Procedures Released For Reverse MortgagesSenior Housing News (blog)

all 5 news articles »

Apartment Finance Today

HUD Study to Assess Consumer Protection Gaps for Reverse Mortgages
Reverse Mortgage Daily
The Department of Housing and Urban Development is soliciting public comments on a proposal to conduct a reverse mortgage study to determine the extent in ...
HUD Makes $79M Available In Housing Counseling GrantsMortgageorb
Senate Appropriators Include HECM Subsidy in HUD BudgetReverse Mortgage Daily
HUD Offers $79 Million in Grants for Housing CounselingReverse Mortgage Daily

all 39 news articles »

New HUD Guidelines Give Counselors Ability to Withhold HECM Certificates
Reverse Mortgage Daily
They include, “When you have a reverse mortgage, who owns your house (whose name is on the title/deed)?”, “Does the money you get from a reverse mortgage ...

and more »

Credit.com News

Reverse mortgages can lead to big trouble
msnbc.com
asks actor Henry Winkler in the television commercial for a San Diego reverse mortgage company. “It's a government insured loan that turns your home's ...
One Reverse Mortgage to Move to DetroitPR Newswire (press release)
Pennsylvania Policy Defines Proper Conduct of Reverse Mortgage LendersReverse Mortgage Daily
Wells, Bank of America Go 'Reverse' RouteTheStreet.com
Bankrate.com -Red, White, and Blue Press (blog) -PR Web (press release)
all 333 news articles »

Two New Reverse Mortgage Counselors in the Triangle
PR.com (press release)
The Homeownership Center recently received re-certification from Housing and Urban Development to provide reverse mortgage counseling services. ...

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.

Newspaper Coverage

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

The Wall Street Journal - June 27, 2010
Reverse Mortgages Look Better

The Washington Post - June 19, 2010
FHA to Make Reverse Mortgages Less Forgiving for Seniors Late On Taxes

The Wall Street Journal - April 17, 2010
Reverse Mortgages Now Look Cheaper

The New York Times - April 16, 2010
Reverse Mortgages Still Costly, but Less So

The Washington Post - January 23, 2010
Reverse Mortgages Are Not the Next Subprime

Time Goes By - January 9, 2010
Grey Matters by Syndicated Columnist Saul Friedman

HousingWatch (AOL) - January 6, 2010
The Return of Reverse Mortgages: Bilking or Saving Seniors?

LancasterOnline.com (PA) - January 3, 2010
Reverse Mortgages Let Owners Tap Equity

The Wall Street Journal - October 21, 2009
Fixing Troubled Mortgages for the Elderly

Buffalo News - October 18, 2009
Reverse Mortgages Proving a Boon for the Elderly

The Washington Post - October 3, 2009
Reverse Mortgages Feel the Squeeze

U.S. News and World Report - October 2, 2009
The Risks and Rewards of Reverse Mortgages

Kiplinger's Personal Finance (as printed in The Washington Post) - August 9, 2009
Reverse Mortgages Come to the Rescue

Newsday - August 7, 2009
Reverse Mortgages Are Still Safe

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

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