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Reverse Mortgage Scams to Avoid

Reverse mortgages can be confusing. Con artists take advantage of that to fleece older homeowners out of their money. Here's how they work. It has never been easier to run a scam. Thanks to easy ... read more

Hollywood actor convicted of reverse mortgage scam in Redwood City

“Hopefully now he will receive the sentence he deserves for being a fraud in our community.” The reverse mortgage scam included Hall, a resident of Van Nuys, and Tonika Miller, a 38-year-old ... read more

What Are the Tax Implications of Reverse Mortgages?

Reverse mortgages are more complicated than frequently advertised, and could be used as a vehicle for scams and predatory lending. However, the good news is that a reverse mortgage is simple from ... read more

96-year-old woman killed in murder-for-hire after mortgage scam, officials say

Officials found evidence that Alberts was targeted in a murder-for-hire scheme. The suspects created an elaborate reverse mortgage scam to gain control of her home. During the investigation, ... read more

A California woman was targeted in a mortgage scam to take her home then killed in a murder-for-hire plot, sheriff says

(CNN) — Detectives probing the death of a 96-year-old California woman nearly two years ago have uncovered she was the victim of an elaborate murder-for-hire and reverse-mortgage scam that ... read more

96-year-old woman killed in murder-for-hire after mortgage scam, officials say

SANTA BARBARA, Calif. (Gray News) – Four people were taken into custody in connection with the death of a 96-year-old woman in California, according to authorities. At a press conference on ... read more

What Are the Tax Implications of Reverse Mortgages?

That said, it’s important to be very careful with this product. Reverse mortgages are more complicated than frequently advertised, and could be used as a vehicle for scams and predatory lending. read more