This Stud. Surveys Sr. Home-owners to Assess Their Attitudes and Awareness Regarding the Dept. of Housing and Urban Devmt.'s (HUD) Home Equity Conversion Mortgage (HECM) Prog.. the Results of This Stud. Indicate That Prog. Interest Declines with Age and Varies by Geogr. Reg.. Also, Certain Prog. Attributes Such as the Irrelevance of Borrower Credit Hist. Are Particularly Attractive while Others Such as Payment Options and Borrower Protections Appear to be Confusing and Misinterpreted. Adjusting the HECM Prog. in Accordance with These Finding Should Help HUD to Meet Its Goal of Promoting Housing Stability and Self-sufficiency for the Elderly.