REVERSE mortgages, a type of home loan available to older Americans, are sometimes marketed in advertisements featuring reassuring celebrity spokesmen. But federal regulators this week reminded lenders that their pitches must also clearly disclose the loans’ risks.
The Consumer Financial P...
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Friday, December 9, 2016
Your Money Adviser: Reverse Mortgage Lenders Fined for Ads That ‘Tricked’ Older Borrowers
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