Thank you for sharing!

Your article was successfully shared with the contacts you provided.
One danger of reverse mortgages: A 101-year-old Detroit woman was evicted from her foreclosed house after her son failed to pay property taxes linked to a reverse mortgage. Detroit Free Press columnist Mitch Albom and his charity S.A.Y. Detroit helped her. (Photo: Carlos Osorio/AP Photo)

As seniors enter retirement, many of them are bringing their mortgages right along with them — despite the fact that home equity is on the rise.


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.