Traditional media such as television, newspapers and magazines have benefited most, reversing recent trends by performing better than internet advertising in the first three months of the year, indicating a growing willingness among marketers to commit to high-profile campaigns.
Most reverse commuters drive, according to census figures.
If the loans go bad, taxpayers could once again be on the hook, since most reverse mortgages have government backing.
And, as with most reverse mortgages, nothing would have to be repaid until Mrs. Wolfert either sold the house or died.
Most reverse mortgages are guaranteed by the Federal Housing Administration, he said, and regulations do not provide for reverse mortgages for co-ops.
Most reverse mortgages originate through the Department of Housing's Home Equity Conversion Mortgages program -- known as HECM (pronounced HECK-um) -- which has become more popular over the past 10 years.
Recent rule changes announced by the Federal Housing Administration, which insures most reverse mortgages, require that lenders verify an applicant's ability to make tax and insurance payments over the life of the loan.
The Federal Housing Administration, which insures most reverse mortgages, is making the changes in an effort to strengthen the program, which allows people 62 and older to tap their home equity without making payments.
In general, the loans, at least for now, are less attractive to some homeowners because of the decline in home equity as a result of the housing crisis, as well as a regulatory change that lowered the maximum payout that most reverse-mortgage borrowers could receive.
Most reverse-faulting earthquakes are located east of 141°.
