The New Math of Reverse Mortgages for Retirees

Wall Street Journal, June 3, 2022–Lori Ioannou (subscription)
For decades the industry’s image was tainted by horror stories about borrowers who faced foreclosure, and surviving spouses who were evicted. But today, these products have evolved into tools that, with federal insurance and oversight, often do what was originally intended: ease financial burdens for retired homeowners with limited incomes who want to stay in their homes until death.