In the News

Title

Advisors Still Wary of Reverse Mortgages

Document Type

Article

Publication Date

8-15-2016

Abstract

Late-night television ads touting reverse mortgages – with their high fees shown in small lettering – still haunt today’s market. Indeed, the volume of Federal Housing Administration-insured loans is down 9.4% so far in 2016, according to industry researcher Reverse Market Insight.