• You Have a Reverse Mortgage Know Your Rights and Responsibilities Reverse Mortgage Borrowers Publication from Consumer Financial Protection Bureau “CFPB”.  Reverse mortgages can be a nightmare, leaving your spouse evicted from their home once the [...]

  • Published On: August 24, 2017

    CFPB REPORT WARNS THAT TAKING OUT A REVERSE MORTGAGE LOAN CAN BE AN EXPENSIVE WAY TO MAXIMIZE SOCIAL SECURITY BENEFITS Reprint from The Consumer Financial Protection Bureau (CFPB) (8/24/2017)  CFPB issued a report warning older [...]

  • Published On: August 18, 2013

    Seniors need to be very careful about reverse mortgages, warns the Consumer Financial Protection Bureau. Reverse mortgages not being used the way Congress intended. In the summer of 2012 the Consumer Financial Protection Bureau (CFPB) [...]