These mortgages are not for everyone. They may be best for a cash strapped elder who wants to stay in their home.
Scammers will call or send messages pretending to be a grandchild begging the grandparent to wire money immediately.
Here are some guidelines from the FTC when dealing with a possible scammer on the phone. My advice is to just hang up or not even take the call.
Every year thousands of people lose money to telephone scams, from a few dollars to their life savings.
T-Mobile USA knowingly made hundreds of millions of dollars off its customers in potentially bogus charges, a federal regulator alleged Tuesday.
The three large reporting companies, TransUnion, Equifax, and Experian, will provide you with an annual free copy of your credit report, but you must ask for it.
U.S. regulators said Thursday that ADT Corp. paid experts to recommend its home security products on media outlets without disclosing their connection to the company.
With reverse mortgages, you borrow against the equity in your home and the money does not have to be paid back until you die or want to move.
No one should charge you for your credit report.
There has been a rebound in identity theft according Javelin Strategy. So how can you protect yourself?