Reverse mortgages allow homeowners 62 and older to convert home equity into cash. The loan is repaid when the homeowner moves out or passes away. Interest accumulates, reducing home equity over time.

It’s called the Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage. Let’s dig into this ...

While there has been something of a “yo-yo” of gains and losses in the reverse mortgage industry’s performance metrics for the past several months, some mixed signals on the horizon — such ...