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Reverse Mortgage Info Knowledgebase » Listing Details |
| ID: | 179 |
| Title: | Reverse Mortgages: Niche Product or Mainstream Solution? - http://www.aarp.org/research/credit-debt/mortgages/inb999_revmortgage.html |
| Pagerank: | N/A |
| Description: | Report on the 2006 AARP National Survey of Reverse Mortgage Shoppers This report presents the results of the first survey of reverse mortgage borrowers and homeowners who had considered these loans but decided against them. The picture that emerges from this comprehensive analysis shows older homeowners have had largely positive experiences with the federally insured reverse mortgage program. The study also shows that borrowers and non-borrowers consider the costs of reverse mortgages to be excessive and that the public appears to be wary of such loans. Moreover, some troubling signs of unethical marketing practices could taint the whole industry if not prevented. |
| Category: | Academic Research: Reverse Mortgages: Program Design and Analysis |
| Link Owner: | AARP |
| Date Added: | December 28, 2007 03:42:04 PM |
| Number Hits: | 5 |
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