Posts Tagged ‘reverse mortgages’
New York’s Older Homeowners Still Vulnerable to Predatory Lending
New York's Older Homeowners Still Vulnerable to Predatory Lending

by Michael Shade IT was one of the worst examples of predatory lending that the Brooklyn Neighborhood Improvement Association had ever seen. “Here’s an elderly couple – at that time they were in their 70s,” said Maurice Cole, the BNIA’s Senior Foreclosure Counselor, as he leaned forward in his desk chair. “They filled out an […]