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Real Estate & Property Law

: The Home Equity Theft Reporter

Federal Regulator Urges Caution When Considering Reverse Mortgages

By r morris

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The Washington Post reports:If you watch TV during insomniac hours, you've probably caught some of the commercials for reverse mortgages. [...] But there's much more to know about these highly complicated and often very expensive forms of credit. And [last week], one of the government's banking regulators, Comptroller of the Currency, John C. Dugan, warned that tougher oversight may be necessary.

Full post as published by The Home Equity Theft Reporter on June 20, 2009 (boomark / email).

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