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Loan Modification

: Loan Modification & Home Loan News

A Red Flag On Reverse Mortgages

By Moe Bedard

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(Source: The New York Times) – It is the saddest of paradoxes: a government-backed financial maneuver intended to free up extra money for struggling older people turns out to have left some widows and widowers on the brink of foreclosure. This week, AARP sued the Housing and Urban Development Department over a handful of reverse [...] read more

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Full post as published by Loan Modification & Home Loan News on March 14, 2011 (boomark / email).

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