In the News

Title

Reverse mortgages: Useful retiree tool or bad move?

Document Type

Article

Publication Date

10-26-2015

Abstract

Reverse mortgages, once viewed as loans of last resort, are slowly gaining some mainstream respect.

Due to both strengthened consumer protections for these loans and an aging population that is largely unprepared to deal with the reality of retirement expenses, financial advisors are becoming more comfortable with recommending reverse mortgages to some clients.