Reverse mortgages and the economic status of elderly women

被引:10
作者
Morgan, BA [1 ]
Megbolugbe, IF [1 ]
Rasmussen, DW [1 ]
机构
[1] FANNIE MAE,OFF HOUSING RES,WASHINGTON,DC
关键词
elderly housing; reverse mortgage; women; poverty;
D O I
10.1093/geront/36.3.400
中图分类号
R4 [临床医学]; R592 [老年病学];
学科分类号
1002 ; 100203 ; 100602 ;
摘要
Data from the 1990 Census of Population and Housing are used to estimate the potential demand for reverse mortgages among elderly women householders. A reverse mortgage product is simulated using parameters based on the Home Equity Conversion Mortgage insurance demonstration, and its effect on poverty and income distribution among this group is calculated. Approximately 1.8 million women with low incomes and home equity of $40,000 and above could see a significant increase in income under such a program.
引用
收藏
页码:400 / 405
页数:6
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