NextAvenue

NextAvenue: Reverse Mortgages May ‘Backfire’ for Retirees, Though New Protections are Welcome 

A lack of borrower awareness around continuing obligations, small debts and ongoing issues related to the COVID-19 pandemic could cause borrowers taking out a reverse mortgage to “backfire” for some retirees. This is according to an article published by retirement website NextAvenue, and republished by MarketWatch. Being aware of continuing obligations the borrower has after […]