In the News

Title

Cash-strapped seniors: Weigh reverse-mortgage pros, cons

Document Type

Article

Publication Date

4-21-2017

Abstract

Cash-strapped seniors are now weighing the pros and cons of a reverse mortgage Cash-strapped seniors are now weighing the pros and cons of a reverse mortgage Friday, 21 Apr 2017 | 7:45 AM ET | 01:07 You don't have to be old, poor and stupid to get a reverse mortgage.

Despite still being hawked on late-night infomercials along with miracle solvents, indispensable kitchen utensils and can't-fail weight-loss programs, reverse mortgages are becoming an increasingly popular and practical product for Americans who need income in retirement.