Items Tagged with 'CENTER FOR RETIREMENT RESEARCH AT BOSTON COLLEGE'

ARTICLES

  • Bloomberg: Reverse mortgages are staging a comeback

    Industry embraces academics, leaves behind celebrities to spread new message
    Reverse mortgages might be "America's most hated home loan," according to a recent article in Bloomberg, but the news outlet also says they are staging a comeback thanks to the support of leading academics. In the past, these loans were touted as an option for cash-strapped seniors by aging celebrity pitchmen. But now, lenders are turning to retirement researchers and high-profile financial planning experts to promote the product's use as a smart financial planning tool.
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  • Why are more seniors holding onto mortgage debt?

    Study sheds light on factors influencing older homeowners
    Fewer older homeowners are paying off their mortgages in retirement, and some are worried the trend may be detrimental to the financial health of the Baby Boomer generation. A working paper from the Center for Retirement Research at Boston College sites three reasons why and aims to assess the lasting impact.
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