Tag: Reverse Mortgage Program Reinvigorated

A glass jar full of coins and plant growing through it with some coins and plant leaves.

Reverse Mortgage Program Reinvigorated

MarketWatch Blog by Alicia H. Munnell

October 31, 2013

Changes to the HUD-backed loans should help both borrowers and lenders As a great fan of reverse mortgages, I am delighted that the government has made the changes needed to protect the viability of the Home Equity Conversion Mortgage (HECM) program. Accessing home equity will become increasingly important in a world where retirement needs…

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