Government Takes Steps Toward Preventing Reverse Mortgage Fraud

By Victoria Belle-Miller More homeowners ages 62 and older are starting to take advantage of the multiple benefits a reverse mortgage has to offer them, including the elimination of monthly mortgage payments and access to their home equity. Unfortunately, as these loans become a more popular form of financing, the ways in which older homeowners [...]

Posted Under: News
This post was written by John Andrew on May 10, 2010 Comments (0)

Beware of Reverse Mortgage Fraud, What You Need to Know Now

By Kevin Reichard Let’s discuss something that has been in question more and more by seniors I am visiting…the notion that the FHA Reverse Mortage is a fraudulent product designed to steal homes. While we all know that the protections in place do prevent a large amount of fraudulent activity, examination of what is ‘possible’ [...]

Posted Under: Reverse Mortgage
This post was written by John Andrew on March 9, 2009 Comments (0)