In the News

Title

Reverse Mortgage Researcher Pfau Weighs in on New HUD Regulations

Document Type

Article

Publication Date

9-24-2017

Abstract

Academic inquiries from researchers such as Barry and Stephen Sacks, Stephanie Moulton, and Wade Pfau have increasingly been used to promote reverse mortgages as retirement planning tools, and have contributed to shifting perceptions of the product among the general public.

But as the industry prepares for lower principal limit factors and increased insurance premiums, a lot of that research is suddenly outdated — and the exact effects on the Home Equity Conversion Mortgage on retirement strategies once the new rules take effect on October 2 is still unclear.