Retirement and Reverse Mortgage

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This information video is an overview of what a reverse mortgage is, why people do them, and the different types of loans available. More ...

California Reverse Mortgage Information for Seniors


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california reverse mortgage News




Los Angeles Times

Consumer bureau report raises concerns about reverse mortgages
Los Angeles Times
The Consumer Financial Protection Bureau says it's worried about the potential for abuse as some older Americans tap their home equity through reverse mortgages. California foreclosure-prevention bills near final passage · Mortgage rates match


CFPB Tells Congress Reverse Mortgages Filling Unexpected Needs
Credit Union Times
Borrowers are increasingly using reverse mortgages in ways that are different from what was intended, the Consumer Financial Protection Bureau told Congress in a report released Thursday. The CFPB submitted a Notice and Request for Information to


Consumer bureau, interest groups offer tips on reverse mortgages
Los Angeles Times
WASHINGTON -- As the Consumer Financial Protection Bureau released a report Thursday warning of the risks of reverse mortgages, it also offered tips for people considering taking one out.


The CFPB and Reverse Mortgages; It Takes Time and Money to Monitor...
Mortgage News Daily
In response, "The Members of the Reverse Mortgage Lenders Association commend the CFPB for working diligently and delivering their study on the reverse mortgage industry ahead of schedule. The report raises valid questions and we look forward to a


Consumers Union Renews Call for Stricter Oversight of Reverse Mortgages
Sacramento Bee
Consumers Union's December 2010 report on reverse mortgages documented a number of concerns that underscore the need for stronger oversight by the CFPB. The report was co-authored by California Advocates for Nursing Home reform and the Council