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More than 25 million older Americans are economically insecure, often just one event—a job loss, major health expense, or accident—away from financial crisis. For those that own their homes, tapping their home equity may be an option to increase their economic security, but requires careful consideration and understanding of taxes, fees, and homeowner obligations.

Washington, D.C. - January 7, 2011 - (RealEstateRama) -- The National Council on Aging (NCOA) is conducting a pilot project in collaboration with U.S. Department of Housing and Urban Development (HUD) and the National Reverse Mortgage Lenders Association (NRMLA) to help reverse mortgage borrowers who are struggling to pay property taxes and homeowners insurance