Journal of
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Archive » July - August 2016 » Reverse mortgage in the Italian market: a new start?

Reverse mortgage in the Italian market: a new start?

Andrea Baldini, Marco Causi
July - August 2016 - n. 7/8
Jel codes: G21, G28

The reverse mortgage, which allows homeowners older than 60 to convert part of the equity in their homes into cash retaining home ownership, is a well-established instrument abroad but not yet in Italy. The reverse mortgage has been recently modified in Italy by a new law, collecting the proposals of ABI and consumer associations and aimed to strengthen guarantees for all parties concerned.

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