Falling behind on a mortgage can feel terrifying, especially when retirement income is fixed and there is no easy way to “catch up” all at once. For some homeowners age 62 and older, a reverse mortgage can stop a foreclosure by paying off the existing mortgage, including past-due amounts, before the home is sold at auction. That does not mean it is automatic, quick, or right for everyone. A reverse mortgage is still a loan. It changes the way home equity is used, and it comes
