01-05-2017 06:01 via housingwire.com

Silver bullet: Reverse mortgages offer golden opportunity for profitable loan growth

Fannie Mae’s National Housing Survey found that 37% of senior homeowners felt concern for their finances during retirement, yet only 6% of seniors are interested in utilizing home equity as a financial solution. With $6.2 trillion in home equity to bolster retirement income, why aren’t more senior homeowners taking advantage of products like reverse mortgages? 
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