Reverse mortgage : a study of the U.S. experience and its applicabicity in Singapore

Reverse mortgages are relatively recent financial innovations first introduced in the United States in 1980. It is a simple concept that allows elderly households to consume the equity in their homes without having to sell their house.

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Bibliographic Details
Main Authors: Lee, Gim Cheng, Soh, Thiam Hoe, Teo, Sze Siong
Other Authors: Nanyang Business School
Format: Final Year Project
Language:English
Published: 2014
Subjects:
Online Access:http://hdl.handle.net/10356/59364
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Institution: Nanyang Technological University
Language: English
Description
Summary:Reverse mortgages are relatively recent financial innovations first introduced in the United States in 1980. It is a simple concept that allows elderly households to consume the equity in their homes without having to sell their house.