Complete Description:Explains how reverse mortgages (RMs) can help older homeowners who are “house-rich but cash-poor” remain in their homes and still meet their financial obligations. Explains how the three types of RMs work: single-purpose, federally-insured, and proprietary; and how to get a good deal, and where to complain.
Funding Agency: Board of Governors of the Federal Reserve System
Type: Brochure;
Language: English
Audience: Individual