Report Warns that Reverse Mortgage Market Exposes Seniors and their Equity to Abuses and Abusers from the Subprime Market
News release: “Abuses and abusers from the subprime mortgage market have begun showing up in the reverse mortgage market, putting at risk the equity and savings of millions of seniors. Thats the main finding of Subprime Revisited: How the Rise of the Reverse Mortgage Lending Industry Puts Older Homeowners at Risk, a report issued today …