Reverse Mortgages in the News

In The News Now

Reverse Mortgage Loan—Get Rid Of Your Mortgage Payment, Pay Off Your Home
Red, White, and Blue Press (blog)
For seniors who qualify for a reverse mortgage, it should be known that there are numerous benefits to be had from this kind of loan. ...

and more »

Equitable Reverse Mortgage Shutting Down
Reverse Mortgage Daily
Equitable Reverse Mortgage Company announced it will be closing its doors on April 30, 2010. Based in Chicago, IL the company had a total of 26 offices in ...

Mortgage Rates & Trends (blog)

MBA Reverse Mortgage Legislation Priorities for 2010
Reverse Mortgage Daily
... underwriting standards, reexamining the insurance premium structure and enhancing consumer and lender protections for FHA's reverse mortgage program. ...
Congressional Documents and PublicationsInsurance News Net (press release)
Congressional Documents and PublicationsInsurance News Net (press release)

all 13 news articles »

Reverse Mortgage Daily

Reverse Mortgage Applications Stop Falling, Up 14% in February
Reverse Mortgage Daily
The Federal Housing Administration's latest Outlook Report shows reverse mortgage applications were up 14.4% in February with 6643 units. ...

Luncheon for seniors will focus on reverse mortgages
South Bend Tribune
SOUTH BEND — Senior citizens are invited to a free luncheon lecture, "Is a Reverse Mortgage Right for You?", at 11:30 March 22 at the Robinson Community ...

The Guardian

Reverse Mortgages May Bring Better Benefits Than Refinancing Your Home Loan
Red, White, and Blue Press (blog)
Those who qualify for a reverse mortgage may be able to reap more benefits from doing so than refinancing their home loan for a lower ...
Mortgage Rates Rise Ahead of Treasury Auction. Fail to Recover AfterwardMortgageNewsDaily.com

all 380 news articles »

Party's over for savings banks
JoongAng Daily
To compensate, they increased reverse mortgage sales to individuals and project financing for construction firms. Savings banks lent much more than ...
Savings banks under microscopeKorea Herald

all 3 news articles »

William Mills Agency CEO Speaks at National Reverse Mortgage Lenders ...
MarketWatch (press release)
... spoke February 25 at the National Reverse Mortgage Lenders Association (NRMLA) Roadshow about the importance of public relations as part of reverse ...

and more »

NHB seeks tax sop for reverse mortage scheme
Sify
The National Housing Bank (NHB) plans to request the finance ministry to exempt reverse mortgage enabled annuity schemes (RMLEA) from income tax. ...
NHB to seek tax exemption on reverse mortgage schememydigitalfc.com

all 2 news articles »

Mercer County couple must cut spending now to live well later
The Star-Ledger - NJ.com
By then, Harvey and Nadine may consider taking cash value from their life insurance policies, or even a reverse mortgage, to fund the later years of their ...

The following section contains up to the minute news coverage of reverse mortgages as provided by Google News Alerts. There are additional links to television news stories and a small sampling of print articles published in regional and national newspapers this year.

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

CBS' The Early Show - 2/02/2006

NBC Nightly News - 2/28/2005

CBS Early Show - 7/19/2003

CBS' The Early Show - 12/11/2002

News Coverage

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

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

HeraldNet (WA) - Nov. 30, 2008
Even Now Reverse Mortgages a Viable Option

Providence Journal (RI) - Nov. 16, 2008
Reverse Mortgages Near Last Year's Sales High

Christian Science Monitor - Oct. 27, 2008
Reverse Mortgages Get a Boost from Uncle Sam

The Wall Stree Journal - Oct. 26, 2008
Reverse Mortgage Fees Drop, Loan Limit Rises

The New York Times - Oct. 24, 2008
Reverse Mortgages Retooled

USA Today - July 25, 2008
Housing Bailout Act Has Help for More than Struggling Owners

MortgageOrb - June 2008
Reverse Mortgages: The Campaign for Hearts and Minds

The Post and Courier (Charleston, SC) - Nov. 4, 2007
Seniors Tap Home Equity with Reverse Mortgages

The Ledger Online (FL)-July 16, 2007
Older Americans Can Find Financial Shelter at Home

The Free Lance-Star (Fredericksburg, VA)-May 6, 2007
"Miracle Mortgage" Can Save a Home

RealtyTimes.com-May 1, 2007
Reverse Mortgages Boom While the
Rest of the Industry Swoons

The Wall Street Journal (as published in the San Diego Union-Tribune)-Jan. 30, 2007
Reverse Mortgages Turn Home Equity Into Income

Money Magazine-March 23, 2006
Reverse Mortgages: Stay Home, Make Money

TheStreet.com-May 9, 2006
Moving Forward With Reverse Mortgages

Arizona Daily Star-August 13, 2006
Finding Money at Home

Dallas Morning News-April 27, 2006
Getting Money Back From Your Home

The Washington Post-January 8, 2006
Keep the House, But Get the Cash