Reverse Mortgage history

A History of Reverse Mortgages

How did reverse mortgages develop?

Did you know the first reverse mortgage was originated in 1961?

Follow the timeline to see how the product developed.

Sources:

https://retirementresearcher.com/a-brief-history-of-reverse-mortgages-in-the-u-s//

http://reversemortgagealert.org/history/.

http://www.reversereview.com/magazine/spotlight-a-historical-timeline-of-the-hecm-program.html

These materials are not from HUD or FHA and were not approved by HUD or any government agency