2 ms·
I'm confused how you'd consider reverse mortgages a subsidy.
by scarmig 9y ago
I'm confused how you'd consider reverse mortgages a subsidy.
- ThrowawayR2 9y agoHow could one not? See https://www.consumerfinance.gov/ask-cfpb/what-are-the-costs-i-will-have-to-pay-for-a-reverse-mortgage-en-237/ https://www.consumerfinance.gov/ask-cfpb/what-are-the-costs-... Reverse mortgages don't happen for free. The interest and all those fees go to the banking & other industries. By making reverse mortgages a considerably more frequent scenario, those industries clearly benefit.