Refinancing a second mortgage — like a home equity loan or home equity line of credit (HELOC) — is a popular way for many to get a lower interest rate. A second mortgage is simply an additional loan a ...

Refinancing your mortgage means replacing your home’s current mortgage loan with a new one. Homeowners typically refinance to lower their interest rate, but there are other reasons to consider it as ...

Forgotten second mortgages from the housing crash are reappearing — sometimes with bigger balances and foreclosure risk.

Finance of America has introduced a new second-lien reverse mortgage product designed to help older homeowners access home ...

Finance of America Reverse has expanded its HomeSafe Second second-lien reverse mortgage into Indiana, Ohio and Michigan, bringing availability to 16 states. The product targets homeowners 55+ who ...

In a room outside the Maryland State Senate chamber last winter, consumer advocates were meeting privately with lawmakers to explain how borrowers were losing their homes over “zombie” loans, old ...