Bloomberg: Reverse mortgages are staging a comeback

Bloomberg: Reverse mortgages are staging a comeback
Reverse mortgages might be “America’s most hated home loan,” according to a recent article in Bloomberg, but the news outlet also says they are staging a comeback thanks to the support of leading academics. In the past, these loans were touted as an option for cash-strapped seniors by aging celebrity pitchmen. But now, lenders are turning to retirement researchers and high-profile financial planning experts to promote the product’s use as a smart financial planning tool.
Source: https://www.housingwire.com/rss

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