Faculty Publications

Title

CFPB Releases Misleading Report On Social Security Deferral Strategies

Document Type

Article

Publication Date

8-28-2017

Abstract

The Consumer Financial Protection Bureau released a new report on Social Security and reverse mortgages that is so limited in scope and riddled with inaccurate statements that it likely does more harm than good. The report takes a blunt swipe at using home equity through a reverse mortgage to support deferral of Social Security benefits.