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RMD Report: Alternative Equity Tools Could Bode Well for Reverse Mortgage Industry
Jun 10, 2019
In addition to the plethora of proprietary reverse mortgage products that have started to become increasingly prevalent in the industry, there have also been a series of products that allow some homeowners to tap the equity in their homes without relying on a debt-based loan. The increasing availability of alternative equity tapping tools – including sale leaseback products and shared appreciation investments – could actually bode well for the reverse mortgage industry, according to legal experts.