LAWSUITS NEWS & LEGAL INFORMATION
Reverse Mortgage Legal News Articles & Interviews
October 26, 2012. By Heidi Turner.
Read [ Reverse Mortgage Lenders Allegedly Prey on Seniors ]
Chicago, IL For some seniors, the money offered through a reverse mortgage can be a lifesaver. People living on a fixed income might not have enough money to make ends meet in the case of illness or injury, so money obtained from a reverse mortgage lender can seem like the ideal solution. Unfortunately, some reverse mortgage lenders are accused of unethical tactics, including misleading seniors about the risks associated with a reverse mortgage so they experience a reverse mortgage default and their home is foreclosed.