Comments on: Seniors Turn to Reverse Mortgages For Help With Everyday Expenses: Survey http://reversemortgageloanblog.com/2008/04/04/seniors-turn-to-reverse-mortgages-for-help-with-everyday-expenses-survey/ News and discussion about Reverse Mortgages Sat, 30 Apr 2011 21:05:04 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: TG http://reversemortgageloanblog.com/2008/04/04/seniors-turn-to-reverse-mortgages-for-help-with-everyday-expenses-survey/comment-page-1/#comment-1416 TG Fri, 04 Apr 2008 13:56:57 +0000 http://reversemortgageloanblog.com/2008/04/04/seniors-turn-to-reverse-mortgages-for-help-with-everyday-expenses-survey/#comment-1416 I have read (and re-read) coop reverse mortgage documents. Many private Reverse Mortgages are cross-collateralized, meaning that ANY claim: medical, fraudelent home repair, defaulted car loan, can put their Reverse Mortgage into default. You think it's bad now.... just wait Subprime for Seniors. I have read (and re-read) coop reverse mortgage documents.

Many private Reverse Mortgages are cross-collateralized, meaning that ANY claim: medical, fraudelent home repair, defaulted car loan, can put their Reverse Mortgage into default.

You think it’s bad now…. just wait
Subprime for Seniors.

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