In the News

Title

Researchers Look into Reverse Mortgage Crystal Ball

Document Type

Article

Publication Date

10-1-2017

Abstract

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.