Fraud scars image of reverse mortgages

Why are so many ignoring the positives?

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

Comparing every loan’s shortcoming — real or perceived — to a "subprime" product needs to stop.

For example, U.S. Comptroller of the Currency John Dugan made an astonishing remark in a prepared statement recently in Orlando: "Consumer compliance risks with reverse mortgages are real, and indeed, I am struck by some of the similarities to the risks of subprime mortgages."