Relevant:
- Reverse Mortgage Foreclosures On The Rise, Seniors Targeted For Scams
- Reverse Mortgage Foreclosures On The Rise, Seniors Targeted For Scams
- Industry Warns Senate on Reverse Mortgages
- Senator McCaskil: Reverse mortgages may become the next sub-prime mortgages
- Proposed guidelines for reverse mortgages spell out potential pitfalls for homeowners
2009-06-30 — kansascity.com
"Reverse mortgages, increasingly used by seniors to help fund retirement or pay unexpected medical bills, are often accompanied by excessive fees and marketed using overly aggressive tactics, Sen. Claire McCaskill said Monday."
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