There were a total of 361 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) related to the reverse mortgage industry during the calendar year 2023, according to a ...

There were a total of 131 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) between Jan. 1 and June 10 of this year that were related to the reverse mortgage industry, ...

Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors — can ...

CHICAGO (CBS) -- A man who pleaded guilty of scamming seniors on the city's South and West sides in a reverse mortgage scheme was sentenced Thursday. He told the victims they were signing paperwork ...

As loan originators, our ability to overcome objection is the key to successful transaction completion. In the formative years of the reverse mortgage industry, it became very apparent that the ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. Retirees often ...

CHICAGO (CBS) -- A man who pleaded guilty of scamming seniors on the city's South and West sides in a reverse mortgage scheme was sentenced Thursday. Mark Diamond was sentenced to 205 months—or 17 ...