E882: Why Australia has a backlog of 16,000 reverse mortgage applications

What this episode covers

EPISODE #882: Australia’s reverse mortgage demand is surging but there’s one hitch [Housing Wire & The West Australian] Australia’s government-backed reverse mortgage, known as the Home Equity Access Scheme, is seeing surging demand but also significant delays in processing applications. The Western Australian reported that some applications have… Other Stories: [Investopedia] Six ways to manage debt in retirement. [The Federal Reserve] Key takeaways from the Federal Reserve’s Household Economic Data Report.

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