The subprime crisis taught the world, particularly those in the U.S, the dangers of gambling with real estate. They pushed it to the absolute maximum and it destroyed many people along the way. This was called out by some, but for the most part, all of the behavior was encouraged and condoned. Today, there are many factors surrounding the housing market which are very dangerous. The reverse mortgage, is just one piece of the puzzle.
Reverse Mortgages Are Booming Worldwide, and the United States is Next – Reverse Mortgage Daily
America’s Most Hated Home Loan Is Staging a Comeback – BNN Bloomberg
https://www.bnnbloomberg.ca/america-s-most-hated-home-loan-is-staging-a-comeback-1.1228188
DCHFA Launches Reverse Mortgage Insurance & Tax Payment Program to Aid District Homeowners
CFPB calls out reverse mortgage servicing problems | 2019-03-14 | HousingWire
https://www.housingwire.com/articles/48438-cfpb-calls-out-reverse-mortgage-servicing-problems
Supervisory Highlights, Issue 18 (Winter 2019)
https://files.consumerfinance.gov/f/documents/cfpb_supervisory-highlights_issue-18_032019.pdf
Retirement planning: 8 steps to building a better nest egg
AAG Commercials
A Brief History Of Reverse Mortgages In The United States