A recent Housing Wealth in Retirement Symposium, held March 23 in Washington, DC, took a broader look at housing wealth and retirement security. A constant theme was the role of reverse mortgages under the Home Equity Conversion Mortgage (HECM) program, sponsored by the federal government. A key takeaway from the researcher and policymaker presentations at the event was that reverse mortgages are underutilized by seniors today, and can help provide added retirement funding security to Americans when used appropriately.
Click here to read more about the research findings presented at the Symposium.
