seniors: The Risks of a Reverse Mortgage - 07/23/19 02:57 PM
Today I want to write about something serious, something that really upsets me. A friend of mine sent me an article(link), a friend and a financial advisor who understands reverse mortgages. The title of the article from USA Today reads: 
 
“Seniors were sold sold a risk free retirement with reverse mortgages,
now they face foreclosure”. 
 
Just that, drives me crazy, the mortgage industry has created and regulated protection for things like this. You have to deal with a sales person, granted sales people can lie, we know that. But then there's other types of protection, that came into place in the year 2000, and … (2 comments)