New York Post Skewers Reverse Mortgages
While negative new stories about reverse mortgages have diminished considerably a few media outlets continue to beat the drum on the dangers of reverse mortgages leaving vulnerable seniors without a home. Reading such articles reminds me of Winston Churchill’s quote “A life gets halfway around the world before the truth has a chance to get it’s pants on”.
On July 23rd the New York Post published an article entitled “Taking out a reverse mortgage ruined my life” by Catherine Curan. The story outlines the unfortunate series of events that befell Frederick Feil who lives in Howard Beach, a suburb of southwest Queens, New York…
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