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Spending and Saving Q&A | What is a reverse mortgage?
A reverse mortgage allows you to convert part of the equity in your home into cash without having to sell your home or take on additional monthly bills, according to the Federal Trade Commission...

Indigo
Indigo..

Is a reverse mortgage right for you?
Friday, January 27 th , 2012 Issue 04, Volume 16. A reverse mortgage is a loan for senior homeowners over 62-years-old that uses some of your home equity as collateral...

Converting home equity into cash has been a challenge for homeowners since the real-estate downturn, but a growing number of lenders are quietly reviving a loan for seniors that does just that: the..

Indigo
The National..

Oregonians Make Case for Tax Deferrals and Reverse Mortgages - Reverse Mortgage Daily

Oregonians Make Case for Tax Deferrals and Reverse Mortgages
Reverse Mortgage Daily
Reverse mortgage borrowers in Oregon who were recently cut from the state's senior tax deferral program made a case in court this week for keeping both the ability to partake of tax deferral benefits while simultaneously having a reverse mortgage.

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Tom Kelly: Taking an extra step to help seniors
One common misperception of..

Chilton takes a swipe at reverse mortgages - Advisor.ca

Advisor.ca

Chilton takes a swipe at reverse mortgages
Advisor.ca
The list of detractors of reverse mortgage has another name added to it: David Chilton, otherwise known as 'the wealthy barber', after the title of this famous book on personal finance. At a speaking engagement Thursday night in Scarborough, Ont., .

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Reverse mortgage vs. HELOC for extra cash?
Dear Dr. Don, We own a condo in Florida and a home in Pittsburgh. I just retired at 70 years old, and now money is very tight. Can I qualify for a reverse mortgage on one of my homes? As you know, selling real estate in this market is a problem...

Genworth Financial Sees $107 Million Fourth Quarter Profit, Strong .
Genworth Financial (NYSE: GNW) reported strong fourth quarter earnings of $107 million, up from a $161 loss in the fourth quarter of 2010 and beating analysts' estimates. Earnings per share were 22 cents compared with a ...

Is a reverse mortgage the right choice? - Village News Network

Village News Network

Is a reverse mortgage the right choice?
Village News Network
A reverse mortgage is a loan for senior homeowners over 62 years old that uses some of their home equity as collateral. If a person keeps paying the property taxes and insurance on the home, the loan does not have to be repaid until the last homeowner .