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Real Estate & Property Law

: The Home Equity Theft Reporter

Fannie's Reverse Mortgage Rule Changes To Invite Fraud, "Bait & Switch" Tactics?

By r morris

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The Associated Press reports:Almost daily, the reverse mortgage industry is changing, and it?s worrying plenty of people. For years, reverse mortgages have been reliable, a way for seniors to live off the equity in their homes as they age. [...] But now, reverse mortgage veterans [...] are concerned about that some sudden changes by Fannie Mae that allow margins to fluctuate almost daily until

Full post as published by The Home Equity Theft Reporter on May 08, 2009 (boomark / email).

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