Sometimes abusers pretend they are in love to get access to their target's money or home. It feels like love to the ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

Diamond pleaded guilty last year to wire fraud affecting a financial institution ... $7 million from elderly homeowners in a similar reverse mortgage scam. Even while awaiting trial, prosecutors ...

Mark Steven Diamond was sentenced to 17 years in prison after “bilking elderly homeowners in a reverse mortgage and home repair scheme.” ...

She loves exploring new finance topics and interviewing the experts. Maskot / Getty Images When it comes to reverse mortgages, homeowners have options. A home equity conversion mortgage (HECM ...

Reverse mortgages allow homeowners 62 and older to ... Diamond pleaded guilty last year to a federal charge of wire fraud affecting a financial institution and was given a 205-month prison ...

Mark Diamond, 68, pleaded guilty to scamming more than 100 homeowners out of at least $7 million through a reverse mortgage and home repair scheme between 2008 and 2015.

The mortgage market has been volatile over the past couple of years, with high rates posing a challenge for millions of homeowners. Whether you're taking out a new mortgage or are remortgaging at the ...

Mortgages generally fall into two categories: fixed-rate deals (which guarantee your rate for a set number of years), and variable rate deals (where your rate can go up or down depending on economic ...

A man who pleaded guilty of scamming seniors on the city's South and West sides in a reverse mortgage scheme was sentenced Thursday. Mark Diamond was sentenced to 205 months—or 17 years and one ...

A corrupt Chicago contractor was sentenced Thursday for targeting elderly homeowners. It's a bittersweet day for Barbara Quintero-Bailey and her sister, Brenda, after a judge sentenced Mark Diamond to ...