In the News

Title

CNBC: Why Financial Advisors Are Warming Up to Reverse Mortgages

Document Type

Article

Publication Date

11-3-2016

Abstract

Some financial advisors are now warming up to reverse mortgages, realizing that if used strategically, these products can be valuable retirement resources—even for homeowners who aren’t necessarily financially strapped, according to a recent article from CNBC.

“People are coming to retirement, and they don’t have much,” said Jamie Hopkins, associate professor of taxation at The American College Of Financial Services, in the article.