Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors — can ...

Mark Diamond has been sentenced to 17 years in federal prison for his crimes against elderly homeowners, but the scars from the damage he inflicted across the Chicago metro area are still visible. A ...

Three South Florida loan officers and a Pennsylvania title agent were charged Wednesday in a federal reverse mortgage fraud prosecution. Miami U.S. Attorney ... Explore the entire Law.com network.

Older homeowners are prime targets for real estate lies and scams. Learn 15 common tactics, the red flags to watch for, and how to protect your home equity.

Given the value of real estate since COVID turned the housing industry on its head, it's no surprise that scammers want a piece of the action. However, they have no interest in going the honest route.

WASHINGTON — The housing bubble, lax regulatory oversight and an influx of shady loan professionals have made lawmakers uneasy about the safety and soundness of the popular government-backed ...

Watermark Reverse Mortgage is a licensed lender specializing in reverse mortgage solutions for homeowners aged 55 and older. It offers loan products insured by the Federal Housing Administration (FHA) ...

With rising costs and high interest rates these days, home ownership can be tough for many people. This can be especially true for seniors, who may be on a fixed budget. Thankfully, there is an option ...

Reverse mortgages, home equity loans, and HELOCs are all ways homeowners can tap into the value of their homes for cash.  That means the financing for these loans is secured by the home, so rates are ...

According to the FBI, seniors were scammed out of over $3.4 billion in 2023. Scammers count on you to be vulnerable and not to seek a second (and third) opinion. As people begin to catch on, scammers ...