Borrowers control risks associated with reverse mortgages

Fear of losing one's home does not encourage rational thought

Q: "It seems to me that you are writing a lot about reverse mortgages recently … is the subject really worth the time you are spending on it?"

A: I think so. I view the home equity conversion mortgage (HECM) program as an important, if partial, solution to a critical problem: an increasing concern among people looking ahead that their living standards won’t be maintained after they stop working.