There were a total of 298 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) in 2024 that were related to the reverse mortgage industry, according to a database ...
Business Intelligence | From W.D. Strategies on MSN

The dark truth about reverse mortgages: How heirs are quietly losing inheritances

You've probably seen the commercials. Smiling seniors, pristine homes, promises of financial freedom. Reverse mortgages sound almost magical when they're pitched as a way to tap into your home equity ...
Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly ...
Founded in 2012, online lender Longbridge Financial is the third-largest provider of reverse mortgages in the U.S. As of February 2025, it's approved more than $94 million in loans. Longbridge stands ...