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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
Robbien (1000+ posts) Send PM | Profile | Ignore | Tue Aug-05-08 03:35 PM Original message |
Reverse Mortgage Abuse on the Rise |
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Prefer (1000+ posts) Send PM | Profile | Ignore | Tue Aug-05-08 03:38 PM Response to Original message |
1. Why leave anything for the survivors? |
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Donnachaidh (1000+ posts) Send PM | Profile | Ignore | Tue Aug-05-08 03:42 PM Response to Reply #1 |
3. but that's not how it's presented to the elderly people |
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Truth4Justice (806 posts) Send PM | Profile | Ignore | Tue Aug-05-08 08:01 PM Response to Reply #3 |
13. Its predatory what some people do to take advantage of the elderly who trust others too much, IMHO. |
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Truth4Justice (806 posts) Send PM | Profile | Ignore | Tue Aug-05-08 08:05 PM Response to Reply #1 |
14. My parents didnt prepare for illness and death so we were stuck with more debt. Works both ways. |
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Donnachaidh (1000+ posts) Send PM | Profile | Ignore | Tue Aug-05-08 03:38 PM Response to Original message |
2. those ads with Pat Boone and Robert Wagner -- elderly think they are SAFE |
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Robbien (1000+ posts) Send PM | Profile | Ignore | Tue Aug-05-08 03:56 PM Response to Reply #2 |
5. If PayDay Loan Shops are not outlawed |
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Truth4Justice (806 posts) Send PM | Profile | Ignore | Tue Aug-05-08 07:56 PM Response to Reply #5 |
12. Our state dept of rehab closed and another payday loan co moved in. Oy vey! |
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rucky (1000+ posts) Send PM | Profile | Ignore | Tue Aug-05-08 03:52 PM Response to Original message |
4. It's not for everybody, but it has its advantages. |
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Robbien (1000+ posts) Send PM | Profile | Ignore | Tue Aug-05-08 03:59 PM Original message |
Please read the article. This market is full of corruption and fraud |
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rucky (1000+ posts) Send PM | Profile | Ignore | Tue Aug-05-08 04:03 PM Response to Original message |
7. Please study the HECM product. |
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Robbien (1000+ posts) Send PM | Profile | Ignore | Tue Aug-05-08 04:12 PM Response to Reply #7 |
8. There are no controls. The present rampant fraud in the subprime market |
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Xithras (1000+ posts) Send PM | Profile | Ignore | Tue Aug-05-08 03:59 PM Response to Original message |
6. A straight HELOC is usually a better idea. |
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wryter2000 (1000+ posts) Send PM | Profile | Ignore | Tue Aug-05-08 05:23 PM Response to Original message |
9. I've been thinking of a reverse mortgage |
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Robbien (1000+ posts) Send PM | Profile | Ignore | Tue Aug-05-08 05:35 PM Response to Reply #9 |
10. Think about it. Does that make sense? |
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wryter2000 (1000+ posts) Send PM | Profile | Ignore | Tue Aug-05-08 06:26 PM Response to Reply #10 |
11. I think I'll have enough equity to pay off the mortgage |
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KT2000 (1000+ posts) Send PM | Profile | Ignore | Tue Aug-05-08 08:17 PM Response to Original message |
15. More ads for this on tv |
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DU AdBot (1000+ posts) | Sun May 05th 2024, 03:40 AM Response to Original message |
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