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Researchers Look into Reverse Mortgage Crystal Ball

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By the time you’re reading this, it’ll be too late for reverse mortgage borrowers to complete the process — from counseling to application to case number — ahead of the October 2 roll-out of lower principal limits and higher mortgage insurance premiums for certain applicants.

So RMD figured it was time to start looking into the future — specifically regarding the financial-planning uses of the reverse mortgage, which had contributed to the rehabilitation of the product’s image among the general public.