Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors ...

Are reverse mortgages scams? Not all reverse mortgages are scams, but some can be. To help you spot a scam and steer clear of reverse mortgage fraud, it’s helpful to understand how these loan ...

I could live on my Social Security alone, as I wouldn’t have a house payment if I paid off the reverse mortgage.” ...

Mark Diamond was sentenced to 17 years in prison for his crimes against elderly homeowners, but the damage in Chicago is still visible.

Reverse borrowers can choose to receive monthly payments for life (or as long as they live in their home). And they're not ...

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 reverse ...

CNBC Select has chosen the top lenders for reverse mortgages, which can help seniors access fast cash without having to pay it back immediately.

I'm 75 and have a reverse mortgage. Should I pay it off with my $200K savings - and live off Social Security instead?

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Borrowers can get approved with a 1% down payment. Guild even will kick in another 2% in the form of a grant you don't have ...