Reverse mortgage industry veteran George Morales has been appointed as the new chairperson of the dedicated reverse mortgage development workgroup (DWG) inside the Mortgage Industry Standards ...

The Mortgage Industry Standards Maintenance Organization (MISMO) is targeting January 2025 as the release window for reverse mortgage standards from its work group that is analyzing and developing the ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. So, how exactly do these senior-focused loans work for married couples, ...

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 — can ...

Did you know that over 25% of Canadians aged 55 and older are considering a reverse mortgage? With home values skyrocketing across the country, homeowners nearing or already in retirement are ...