The reverse mortgage has long been the butt of jokes, but has it finally become a viable option for retirees given market ...
Billions lost to elder scams annually: Financial crimes against seniors surged 46% in 2024, according to the FBI. A title ...
Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors — can ...
The largest reverse mortgage lender in the country, Mutual of Omaha accounted for over 22% of the market in 2024. It offers ...
There were a total of 298 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) in 2024 that were related to the reverse mortgage industry, according to a database ...
A Chicago real estate scammer was sentenced to more than 17 years in federal prison for orchestrating a reverse mortgage and home repair scheme that defrauded over 100 elderly property owners. Mark ...
With rising costs and high interest rates these days, home ownership can be tough for many people. This can be especially true for seniors, who may be on a fixed budget. Thankfully, there is an option ...
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