Dirty Dozen: The 12 Biggest Reverse Mortgage Mistakes

Retirement concept

First of all, let’s get one thing straight… there’s nothing inherently wrong with a HECM reverse mortgage. I know, a lot of people think there is, but it’s not true and they’re wrong.  The HECM, which stands for Home Equity Conversion Mortgage, was created by Congress, is regulated by HUD, and is insured by FHA. […]