The legislature in the state of Utah passed a bill earlier this month that lowers the minimum borrower age for proprietary reverse mortgage loans to 55. The bill was signed into law by Gov. Spencer ...
Reverse mortgage borrowers in Utah may face changes to the counseling process beginning May 12, under recently passed state legislation, S.B. 120. The Utah Reverse Mortgage Act requires that before a ...
State- and D.C.-level laws, statutes, and codes pertaining to reverse mortgages Fact checked by Melody Kazel Reviewed by Doretha Clemon In addition to federal laws regulating reverse mortgage loans, ...
AAG Reverse Mortgage Review: Is It Any Good? American Advisors Group (AAG), a reverse mortgage lender, offers an option to live in your home mortgage-payment-free for a set period — but not without ...