“Tighter Regulations Should Make Them Safer” is what this Wall Street Journal article says on March 22. Your knowledgeable accountant, attorney, financial advisor and your certified reverse mortgage professional CRMP can help educate you on the facts and help you better understand if this is the correct option for your unique situation. The article goes on to state:
The rules for securing a reverse mortgage are getting tougher. And most financial advisers say that’s a good thing.