The time is beginning to grow ripe for lenders to put their reverse- mortgage programs into high gear, industry analysts say.

Banks, mortgage companies, and homeowners are still familiarizing themselves with reverse mortgages. But new players, demographic shifts, and increasing acceptance of the concept - along with a big helping hand from Fannie Mae - are expected to give the product a boost into the new milennium.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.