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Reverse Mortgages Don't Always Work

Monday, September 12, 2011 - 5:51 PM
From USA Today
Trusted celebrity pitchmen such as Henry Winkler, Robert Wagner and James Garner do a good job telling older homeowners about the benefits of a reverse mortgage. Here's what they don't tell seniors: Reverse mortgages are expensive, complicated and always changing.

4
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634
1. Monday, September 12, 2011 - 8:20 PM
As usual, a good program corrupted by a bunch of unscrupulous predators on the elderly. Not an unusual story given the unregulated wild west financial era we are living under.
2
ShorebreakShorebreak2,675 posts since
Apr 6, 2010
Rep Points: 14,527
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