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Loan Modification

: Mortgage Lender Implode-o-Meter

Senate Field Hearing Explores Reverse Mortgage Scams

By Implode-Explode Heavy Industries

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"Reverse mortgages, increasingly used by seniors to help fund retirement or pay unexpected medical bills, are often accompanied by excessive fees and marketed using overly aggressive tactics, Sen. Claire McCaskill said Monday."

Full post as published by Mortgage Lender Implode-o-Meter on June 30, 2009 (boomark / email).

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