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---------- Forwarded message ----------
From: USA.gov Team <subscriptions@subscriptions.usa.gov>
Date: Sat, Jun 20, 2015 at 2:37 AM
Subject: Reverse Mortgages are not Risk-Free
To: pascal.alter@gmail.com
From: USA.gov Team <subscriptions@subscriptions.usa.gov>
Date: Sat, Jun 20, 2015 at 2:37 AM
Subject: Reverse Mortgages are not Risk-Free
To: pascal.alter@gmail.com
Consumer Protection Bureau Advises Caution with These LoansThe reverse mortgage ads you may have read or seen on TV sound like great solutions to older homeowners' financial strain, but can you trust them? Not entirely, warns the Consumer Financial Protection Bureau. Many of these ads lead seniors to believe reverse mortgages are risk-free. If you're thinking of getting a reverse mortgage, learn what the ads don't tell you and what the risks are first. If you or a loved one already has a reverse mortgage, take these three steps to protect yourself and make a plan for the future.
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