A borrower is likely to qualify for reverse mortgage loan if he is at least 62 years of age and have a house in his name. He doesnt have to make any monthly payments back to the lender and receives payments in the form of a one-time lump sum, a monthly...

Attorneys general from all 50 states announced this week that they will settle with five of America's largest mortgage loan providers, despite the fact that a probe into foreclosure practices conducted by the entities has yet to be completed. More: ...

If you dream of owning your own home or unit, it is imperative that you identify the sources for the finance for buying the house or unit. You might be have been savings for years to accumulate for fulfilling this dream, or you might want to dispose an...