Here’s how Fairway’s reverse mortgage for purchase works: you use your own funds to make a down payment on a new home and use ...

Teresa Ghilarducci Ph.D. is an Economics Professor. I am unsure the reverse mortgage industry is sound. It is regulated by various different agencies including the embattled Consumer Financial ...

Reverse mortgages remain the pariahs of the U.S. loan world. A 2022 study published in Oxford Academic revealed there were just 33,000 reverse mortgages originated during the same year when ...