There were a total of 298 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) in 2024 that were related to the reverse mortgage industry, according to a database ...

You've probably seen the commercials. Smiling seniors, pristine homes, promises of financial freedom. Reverse mortgages sound ...

Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors — can ...

Ohio case highlights rising elder fraud risks: A scammer’s attempt to steal home equity through a reverse mortgage was thwarted. SmartPolicy technology stopped the crime: EquityProtect’s system locked ...

Following the sentencing of scammer Mark Diamond, Illinois is considering a home renovation program for older residents under state law Rev. Robin Hood, who helped to found a coalition called Fix Our ...

Three South Florida loan officers and a Pennsylvania title agent were charged Wednesday in a federal reverse mortgage fraud prosecution. Miami U.S. Attorney ... Explore the entire Law.com network.

CHICAGO (CBS) --Imagine needing urgent repairs for a home that's been in your family for generations after being duped by a man now serving time in federal prison. That's the reality for one North ...

Community First National Bank (CFNB) provides reverse mortgage services nationwide through its Reverse Solutions division. Its licensed specialists offer guidance and help eligible homeowners access ...