Lenders targeting older homeowners
Now that the subprime mortgage business has crashed, many lenders are reviving their incomes by persuading older homeowners to take out reverse mortgages.
Many retirees report being pleased with their reverse mortgages, but consumer advocates say Congress should be moving more quickly to protect the elderly from unscrupulous lenders who push mortgages that [...]
Related Headlines
- Congress looks into reverse mortgages as abuses begin to appearposted 29 weeks ago on Reverse Mortgage Loan Blog
- Reverse mortgages a growing concernposted 31 weeks ago on Reverse Mortgage Loan Blog
- Reverse mortgages aren?t the problem; rogue brokers areposted 28 weeks ago on Reverse Mortgage Loan Blog
- New Housing Bill Makes Substantial Changes to Reverse Mortgage Programposted 4 weeks ago on Reverse Mortgage Loan Blog
- Mortgage firm is being soldposted 59 weeks ago on Reverse Mortgage Loan Blog
- Reverse mortgages: growing opportunity for today’s seniorsposted 57 weeks ago on Reverse Mortgage Loan Blog
- Scam Alert: Turn the table on reverse loansposted 21 weeks ago on Reverse Mortgage Loan Blog
- Healthy living with a reverse mortgageposted 60 weeks ago on Reverse Mortgage Loan Blog
- Healthy living with a reverse mortgageposted 54 weeks ago on Reverse Mortgage Loan Blog