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Beware of Reverse Mortgage Scams

With the current recession in full swing and unemployment rising, the quest by unscrupulous predatory lenders to take advantage of seniors is on the rise.  One of the areas in which they are particularly insidious is selling reverse mortgages. There are a host of reverse mortgage scams that are plaguing our senior citizens and steps are [...]

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Are You Burdening Your Family with a Reverse Mortgage?

Except for seniors who require long-term care, most are fiercely independent.  To suggest they are burdening their family with a reverse mortgage is, in their minds, clearly absurd.  In fact, it is just the opposite. With seniors living longer and baby boomers possibly having to take on the added responsibility of caring for them when they [...]

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