The U.S. Department of Housing and Urban Development (HUD) Office of Housing Counseling (OHC) has made a series of updates to its Housing Counseling Program Handbook, including extensive additions, ...

In response to rapid growth in the number of seniors applying for reverse mortgages, the U.S. Department of Housing and Urban Development has issued a notice expanding the network of counselors ...

Peter M. Mazonas, CEO of NatEquity Inc., warns that removing HUD-required housing counseling for reverse mortgages could eliminate vital consumer protections for seniors. He emphasizes the importance ...

In order to obtain a reverse mortgage, homeowners over the age of 62 must undergo counseling by an independent third party before applying for a reverse mortgage with a lender. Everybody knows seniors ...

The Department of Housing and Urban Development is helping build HOPE throughout the St. Louis area. Housing Options Provided for the Elderly (HOPE) in University City, Mo., is a recipient of $123,264 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Knowing these red flags can help you navigate the reverse mortgage ...

Discover how a single-purpose reverse mortgage allows older homeowners to convert home equity into cash for specific purposes ...

If you're like many retirees, your home equity represents one of your largest stores of wealth. While many homeowners turn to home equity loans and lines of credit (HELOCs) to unlock their home's ...