Personal Finance Advice and Commentary

Friday, March 27, 2015 12:00 pm
By Dr. Don Taylor · Bankrate.com

The non-borrowing spouse of a HECM entered into prior to Aug. 4, 2014, may — providing certain conditions are met — be named on the mortgage after the death of the primary borrower.

Thursday, January 22, 2015 7:00 am
By Dr. Don Taylor · Bankrate.com

The HECM program was designed to allow seniors to purchase a new principal residence and obtain a reverse mortgage within a single transaction.

Sunday, March 23, 2014 6:05 am
By Jennie L. Phipps · Bankrate.com

Borrowing against the equity in your home can have pitfalls.

Thursday, June 20, 2013 9:47 am
By Judy Martel · Bankrate.com

The FHA is attempting to recoup losses with stricter standards for its reverse mortgage program.

Tuesday, April 16, 2013 4:42 pm
By Judy Martel · Bankrate.com

The FHA is changing the rules for lump-sum payouts.