Reverse Mortgage Participation in the United States: Evidence from a National Study

This paper uses the most recent wave of a nationally representative dataset to examine the factors associated with elderly homeowners’ decision to obtain reverse mortgage loans. The findings of this study suggest that very few homeowners participated in the reverse mortgage market, and homeowners yo...

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Bibliographic Details
Main Author: Swarn Chatterjee
Format: Article
Language:English
Published: MDPI AG 2016-03-01
Series:International Journal of Financial Studies
Subjects:
Online Access:http://www.mdpi.com/2227-7072/4/1/5