Many other states ban "unfair" or "abusive" business practices. Democrats are seeking to make New York one of them.

A brief recap: Reverse mortgages are loans available to people over the age of 62. The lender essentially pays you money and uses your house as collateral. The income is not taxable, and it won't ...

You can only get income protection cover if you are below age 59. With people now working for longer, should the limit be ...

Reverse borrowers can choose to receive monthly payments for life (or as long as they live in their home). And they're not ...

For some, flood insurance is a requirement. Your mortgage lender may "require you to buy flood insurance, especially if ...

There's passionate debate about how to solve America's ongoing housing crisis, much of which revolves around mortgage rates ... and prepare for the cost of adequate protection. Lowering the cost of ...

With 15 years of immersion in the world of personal finance, Ashley Kilroy simplifies financial concepts for individuals striving toward financial security. Her expertise has been showcased in ...

Mortgage protection insurance, or MPI, pays off your mortgage in the event of your death. A life insurance policy pays out a death benefit to your beneficiaries, which they can use for any purpose.

What is mortgage payment protection insurance? Mortgage payment protection insurance (MPPI) allows you to continue paying off your mortgage if you're no longer receiving a secure income. Your mortgage ...

Mortgage protection insurance pays your remaining mortgage balance if you die. Getting mortgage protection insurance can help protect your beneficiaries and dependents from the burden of having to ...

Mortgage protection insurance, or MPI, can prevent such an event. If you have this policy, the insurance company will typically pay the lender the remaining mortgage balance after your death.