community home equity conversion corp, dba's homechex and community senior capital

Community Home Equity Conversion Corp., primarily doing business as HomeChex, was a financial services company specializing in reverse mortgage products for senior homeowners in the United States. The company's mission was to help individuals aged 62 and older convert a portion of their home equity into tax-free funds to supplement their retirement income, without the obligation of monthly mortgage payments. They offered federally-insured HECM (Home Equity Conversion Mortgage) loans and focused on educating clients about the benefits and processes of reverse mortgages. According to public records from financial regulators, the company ceased its primary operations and its licenses were terminated around 2012.