For those who aren’t yet 62, there may be other options. The Home Equity Conversion Mortgage, or HECM, is backed by the ...

In a report released in August, the Consumer Federation of America and the Climate and Community Institute found that having a low credit score (around 630) drove up consumers’ premiums to more than ...

U.S. states have set up insurers to provide protection in disaster-prone areas that private insurance has avoided. They are taking on more risks as calamities become widespread.

A reverse mortgage allows seniors to access cash from the equity they've built up in their homes. Unlike home equity loans or HELOCs, there's usually no credit score requirement and you don't have to ...

It's not for everyone and is often overpriced.Here, the concept of GAP insurance (and whether you need it) is demystified.