Retirees Don’t Take Reverse Mortgages Seriously, CFPB ‘Racket’ on Blast
The American College New York Life Center for Retirement Income
In this week’s Reverse Focus podcast, Shannon Hicks discusses why U.S. workers are not seriously considering reverse mortgages for retirement. One reason is that a large portion of both retirees and pre-retirees not only lack knowledge of reverse mortgages, but they also don’t consider the use of home equity in retirement, according to a recent survey from The American College this past week.
Oliva, Jason, "Retirees Don’t Take Reverse Mortgages Seriously, CFPB ‘Racket’ on Blast" (2016). In the News. 1387.