ReverseMorgageScams

Bad actors have solidly shifted their attention to reverse mortgages, causing a top consumer organization to warn seniors to choose such loans carefully. A new report by the National Consumer Law Center likens the aggressive lending practices in today's reverse mortgage lending to those common in...

First, the good news: Americans are saving more than they have been in months. Unlike a couple of years ago, when we were literally spending every penny we made and then some, we are getting more disciplined when it comes to saving our pennies. Lending institutions, mortgage brokers and flat-out...