All posts tagged reverse mortgage

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CU: Reverse mortgage reforms needed for seniors

Consumers Union and California Advocates for Nursing Home Reform urge the Consumer Financial Protection Bureau to adopt reforms to protect vulnerable seniors from reverse mortgage abuse.

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Reverse mortgages remain confusing, risky home loans to avoid

Reverse mortgages are complex, difficult to understand home loans and a shift in the way they are being used makes them riskier than ever. The long awaited "Reverse Mortgages

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‘Younger’ homeowners take to reverse mortgages

Younger homeowners are considering controversial reverse mortgages, a trend likely to continue as more seek to cash in sooner, rather than later, on their home equity nest egg,

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Reverse Mortgages: Look hard before you leap

Reverse mortgages are complicated financial products and homeowners should not sign on the dotted line without first considering alternatives and the risks associated with the loans. Along with California

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Reverse Mortgages: The debate heats up

Reverse mortgage lenders often mislead retirement-bound home owners into signing for a complicated financial product that could unnecessarily cost them their equity and put their home ownership at

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