Reverse Mortgage Loan as a Long-Term Care Solution

Several years ago, Dr. Barbara Stucki, a Bend, Oregon, researcher and consultant, completed a study on reverse mortgages for the National Council on Aging. Stucki found one potential approach could be to create a system that more effectively manages long-term care funding for community-based options. One component of the model would be to offer incentives to encourage greater use of reverse mortgages among impaired elders. Read more…