Reverse Mortgages

Reverse mortgages are designed to allow older homeowners to access their home equity without the risk of displacement from an unaffordable mortgage. Yet poor oversight of the servicing of these FHA-insured loans has resulted in older homeowners losing their homes to foreclosure at an alarming rate. NCLC promotes policy reforms and supports advocates who represent reverse mortgage borrowers.

From the NCLC Digital Library

Mortgage Lending

NCLC’s treatise on loan origination, preemption, and litigation, with details on reverse mortgages, land installment contracts, HELOCs, home equity sharing, and other non-traditional mortgages.

Read Chapter One

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