The largest reverse mortgage lender, MetLife, no longer offers reverse mortgages. It has sold its reverse mortgage division. Reverse mortgages have helped many seniors stay in their homes. It is a way that in an appropriate case seniors can take equity out of their homes through a reverse mortgage but continue to live there as long as they wish without having to make monthly mortgage payments. The loan is repaid from the proceeds from the ultimate sale of the house when the senior dies or no longer lives there but the senior is never liable to personally pay the mortgage. The drop in housing values has made such mortgages less appealing to mortgage lenders.