by CEF | Mar 23, 2017 | Chapter 13, General, Reverse Mortgages
You inherited a house with a reverse mortgage on it? What happens if you can’t pay it? When a person dies, the reverse mortgage on a house, including all unpaid amounts for insurance and taxes, becomes DUE IN FULL. Now you have inherited this house subject to...
by CEF | Dec 28, 2016 | CFPB, Reverse Mortgages
This December, the Consumer Financial Protection Bureau — the CFPB — took action against three companies engaged in reverse mortgages for deceptive advertising. The three companies, American Advisors Group, Reverse Mortgage Solutions, and Aegean...
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