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reverse mortgage scams – FBI – Reverse mortgage scams are engineered by unscrupulous professionals in a multitude of real estate, financial services, and related companies to steal the equity from the property of unsuspecting.
Security One Adds Seniors Reverse Mortgage Team to Grow Branch Network – Security One Lending announced the management team of Seniors Reverse Mortgage will be joining the company to manage the branch development side of the San Diego, CA based reverse mortgage lenders.
Reverse Mortgage Scam | How To Avoid Reverse Mortgage Scams – There are many resources available to help older homeowners avoid reverse mortgage scams, with the Federal Bureau of Investigation (FBI) being one of them. According to the FBI, in many of the scams that have been reported, victim seniors are offered free homes, investment opportunities and foreclosure or refinance assistants.
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Pros and Cons of Reverse Mortgages for Seniors and Veterans – "A reverse mortgage is a way of spending down one’s home equity in retirement without having to leave one’s house," explained Jared Barton, assistant professor of economics at California State University Channel Islands in Camarillo, Calif.
5 Reverse Mortgage Scams – Investopedia – Other scam artists charge money to seniors, sometimes thousands of dollars, for information about a reverse mortgage that is available free from the Department of Housing and Urban Development (HUD).
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The Reverse Mortgage Seduction, AARP Details Tactics Used By Lead Providers – AARP’s Bulletin Today published an interesting Scam Alert which covers shady tactics used by some reverse mortgage lead providers. The report noted that one company sharing the Acc-U-Lead address.
Top 10 Senior Financial Scams | NCOA – financial scams targeting seniors have become so prevalent that they’re now considered “the crime of the 21st century.” Why? Because seniors are thought to have a.