Reverse mortgages allow homeowners age 62 and up to borrow against their home’s equity without making payments. But the Federal Housing Administration (or FHA), which insures most reverse mortgages, is announcing new rules that will make it harder for seniors to tap this potential source of retirement income. The new rules are designed to strengthen the program, which has come under strain since the financial crisis of 2008-09. You can read the entire September 6, 2013 New York Times article here.