In the News

Title

Harrison Ford’s Reverse Mortgage Joke, The Benefits of H4P

Document Type

Article

Publication Date

3-28-2016

Abstract

In this week’s Reverse Focus podcast, Shannon Hicks discusses a recent article published by The Wall Street Journal, which advised that much of the criticism plaguing reverse mortgages today is largely aimed at the Home Equity Conversion Mortgage (HECM) of the past. The article highlighted how the most recent round of HECM program changes have won over new supporters, namely financial advisers—many of whom may have scoffed at the prospect of using reverse mortgages as financial planning tools in the past.