Reverse Mortgage Adoption Rate Doubles in Australia Due to Pandemic

Government-sponsored reverse mortgages in the nation of Australia have been increasing significantly ever since the economic impacts of the COVID-19 coronavirus pandemic began straining the finances of that nation’s retirees, with adoption of the so-called “Pension Loans Scheme” (PLS) outpacing the government’s expectations for the program that were introduced in the 2018-19 national budget. This […]