From the outside in

Thursday, February 3, 2011

Senior homeowners find dark side to reverse mortgages #fail #fl


Growing reverse-mortgage defaults put homeowners at risk of foreclosure

Thousands of older homeowners in Florida who tapped the equity in their paid-off homes to boost their income now face the possibility of foreclosure as the number of defaults on such "reverse mortgages" skyrockets.


Posted via email from The New Word Order

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)