What Effie signed was actually a reverse mortgage. On Thursday, Diamond was sentenced to more than 17 years in federal prison for defrauding seniors like Effie in a reverse mortgage and home ...

How to decide if a reverse mortgage is right for you Fact checked by Betsy Petrick A reverse mortgage is a loan you take out ...

Protect yourself: Unfortunately, it's not always a stranger who perpetrates this scam. It can be an adult ... you're pressured to take out a reverse mortgage, convinced that it will be the answer ...

Unlike a traditional loan, a reverse mortgage doesn't require you to make monthly payments on what you borrow. Instead, the loan balance grows over time and gets repaid when you sell your home ...

In another variation of this scam, the criminal might attend the ... could access some of the equity in your residence with a reverse mortgage. They may offer to appraise your home for a fee ...