With banking giants Wells Fargo and Bank of America leaving the reverse mortgage field, the availability of reverse mortgages has decreased. For many seniors, the reverse mortgage is an safe financial option, allowing them to stay in their homes and maintain their lifestyle and dignity. HUD has created the HECM Saver, similar to a loan that one could expect to find at a local bank.
Elder Lawyer Craig A. Andreoli will address how Reverse Mortgages interact with Medicare & Medicaid Benefits – a critical issue facing seniors.
