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Q&A: What’s Stopping Seniors from Using Reverse Mortgages? 

Sep 27, 2015By

Reverse mortgage market penetration will increase if only more qualified potential borrowers are better educated about Home Equity Conversion Mortgages (HECMs). But understanding the reasons holding seniors back from getting reverse mortgages Knowledge of reverse mortgages is strongly related to demand of the HECM product, and that knowledge is “fairly low,” according to a report […]