Wary borrowers avoiding reverse mortgage market
The American College New York Life Center for Retirement Income
As the baby boomers become the next wave of senior citizens, it is easy to assume that they would be interested in pursuing reverse mortgages, a loan product specifically designed for those who are 62 or older. But that has not quite happened.
Hall, Phil, "Wary borrowers avoiding reverse mortgage market" (2017). In the News. 2234.