Reverse Mortgages Drive Elderly to Poor House [Satire]
- Posted by admin on March 5th, 2008 filed in Reverse Mortgage Info
- 3 Comments »
Is there room for humor among information about reverse mortgages. Reverse Mortgage Loan Blog.com believes so. The following is from UK site TheSpoof.com:
Sphere: Related ContentMaude Gonne-Broke had a nice little house paid for free and clear and a small pension from her lifetime as a nurse. That was, until her friendly neighborhood banker convinced her to sign her house over to the bank for a monthly reverse mortgage check.
At first Ms Gonne-Broke was happy to have the extra cash so she didn’t have to skimp on her medication and buy her tuna on the cat food aisle. But before she knew it the bank owned the house and her checks dried up.
Foreclosure came next and Maude joined the ranks of Americans bilked out of their homes by unscrupulous bankers and the reverse mortgage scam.
This has become a $200 billion dollar industry with elderly homeowners taking out more than 132,000 such loans in 2007, an increase of more than 270 percent from two years earlier, according to the NY Times.
Ms Gonne-broke’s banker, Snidley Whiplash, twirled his handle bar moustache and disputed her complaints with a villainous laugh.
March 5th, 2008 at 11:12 am
I’m trying to figure out why you post junk like this. This is supposed to be humorous? There is enough misinformation out there without you spreading other people’s garbage even further.
Honestly…you think this is funny? I’d like to think I have a good sense of humor and I’m not afraid to laugh at myself…but I’m missing the joke here. Please point it out to me.
March 5th, 2008 at 11:39 am
Corey,
After asking around, the post will stay.
Sorry you don’t find it funny. Not everybody finds all humor funny.
It is also kind of a slow news day for reverse mortgages.
The label “satire” will be put in brackets on the title so readers won’t automatically assume it’s bunk news.
March 5th, 2008 at 4:40 pm
In modern versions of satire, you see exaggeration and sarcasm being used in an obviously humorous form. For instance, look at Saturday Night Live. They take a particular element of a person, and exaggerate it to make obvious humor.
This “satire” you’ve shared isn’t humorous at all. I still challenge you to tell me what part of it is supposed to be funny. Perhaps it would be if the very issues contained in it weren’t very common misconceptions about reverse mortgages which I fight everyday to correct. Someone who is honestly seeking information on reverse mortgage could come across this and be scared away from something which could legitimately help them.
I do not know which side of the reverse mortgage fence you’re on, but if you are truly interested in sharing valuable and balanced information to people, you should be held accountable for what you post. This is neither funny, accurate nor responsible.