Are HECM reverse mortgages over-priced?
Aug 29, 2015 12:00 AM - HECM reverse mortgages are reputed to carry high upfront fees, which raises two questions addressed here. First, are seniors getting real value in exchange for the high fees? The answer in most cases is "no." Second, can a senior who knows the ropes avoid paying excessive fees? The answer in every case is "yes."