Reversal of fortune: Home equity makes a comeback for retirees
Ever since the dark days of the financial crisis, advisers and clients have been skeptical about reverse mortgages.
Many people still remember hearing about elderly people being tossed out of their homes because they couldn’t pay their taxes and had their reverse mortgages terminated by banks.
Bank Investment Consultant, "Reversal of fortune: Home equity makes a comeback for retirees" (2016). In the News. 1313.