Viewers are receiving a letter in the mail that appears to be a final notice about their mortgage. In big, bold, black font in all caps, it reads: FINAL NOTICE. It looks like it’s from your bank, but ...

a scenario often arises where a borrower refinances their existing mortgage with a new lender, but the payoff funds tendered by the new lender are less than the full amount necessary to satisfy ...

Other costs associated with a reverse mortgage may include: home appraisal fees set-up fees prepayment penalties if you pay off your reverse mortgage before it’s due legal fees closing costs These ...