Faculty Publications


The CFPB is Wrong about Reverse Mortgages

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In the first edition of my book, Reverse Mortgages: How to Use Reverse Mortgages to Secure Your Retirement, I did not analyze using a reverse mortgage to support the short-term costs of delaying Social Security. But a faulty report issued by the Consumer Financial Protection Bureau (CFPB) in August 2017 claimed that using a reverse mortgage to delay Social Security is a bad idea.