Over the last two years, there has been a sharp increase in the average monthly reverse mortgage complaints, according to the 2022 Consumer Response Annual Report, highlighted this week by the ...
There were a total of 298 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) in 2024 that were related to the reverse mortgage industry, according to a database ...
For many people, the term “reverse mortgage” brings back memories of late-night commercials featuring Tom Selleck and Henry Winkler in the early- to mid-2000s. When the news covered reverse mortgages, ...
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 ...
Finance of America Companies helps retirees by offering a range of home financing options, including reverse mortgages and home improvement loans as well as home-sharing services. As of April 2023, ...
This profile has not been claimed by the company. See reviews below to learn more or submit your own review. One Reverse Mortgage offered a variety of reverse mortgage loans until its parent company, ...
Brai is the founder of SW4 Insights, a public policy advisory firm based in Washington D.C. He has over a decade of experience as a journalist and consultant covering finance and economic policy, with ...
While inflation is down from a year ago, it has recently started to creep back upward again. When you throw in high interest rates and declining wage growth, many Americans are feeling the financial ...
* Company reviews and categories are based on information collected between March and April 2025. The sample rates currently featured are based on the most recent government data on reverse mortgages, ...
AAG Reverse Mortgage Review: Is It Any Good? American Advisors Group (AAG), a reverse mortgage lender, offers an option to live in your home mortgage-payment-free for a set period — but not without ...
A reverse mortgage must be paid back when the borrower dies, moves out of the home or stops fulfilling the terms of the agreement, such as paying property taxes. You might choose to get out of a ...