In the News

Title

Kiplinger: Reverse Mortgage ‘Makeover’ Enhances Appeal for Retirees, Planners

Document Type

Article

Publication Date

3-6-2016

Abstract

In recent years, reverse mortgages underwent a much-needed makeover to enhance the Home Equity Conversion Mortgage (HECM) program and improve borrower protections. As an added bonus, these critical updates have also increased the appeal for reverse mortgages, which have gained some new supporters in the retirement planning world since then.