Reverse Mortgages – New Rules
You may have noticed our newsletter and website don’t carry sponsor ads for financial planners, long term care insurance, reverse mortgages, etc. This isn’t an accident.
We believe many products in these categories do not offer real value and some are little more than scams designed to separate customers from their hard earned money.
Many Boomers have their financial backs pressed against the wall right now and products like reverse mortgages seem tempting. Unfortunately, the downside risk, that you could lose your home and find yourself out on the street, is real. Read more…
Related Articles: Real Estate Crash on the Way Beware – Mortgage Servicing Scam Strategic Default vs. Mortgage Morality
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