4 ms·
How 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.consumerfinanc
by ThrowawayR2 9y ago
How 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.