Reverse Mortgage Option Gaining Momentum, Seniors at Risk

December 12, 2009 · Comment 

More seniors are applying for reverse mortgages than ever before.  This trend is gaining momentum as seniors are finding their retirement nest egg disappearing.    Tim McDonald, a reverse mortgage specialist for Wells Fargo Home Mortgage, says, “the aging population is becoming more and more aware of reverse mortgages as a way to stay in [...]