Confronting HECM Fiction: Harlan Accola
Join us for the final installment of our interview with Harlan Accola who penned a column in NASDQ fact-checking Dave Ramsey's erroneous reverse mortgage claims.
inaccurate media
The Man who fact-checked Dave Ramsey
What if the advice financial commentators give about reverse mortgages is simply wrong, misleading, or even worse leaves the audience in a worse standing?
Can a Foreclosure Occur with a Reverse Mortgage?
As a mortgage professional, I worked nights and weekends as a housing counselor during the financial crisis. Foreclosures are scary and heartbreaking, and I will admit to crying with clients when their only option was to pick up boxes behind the grocery store and find any friend with a truck.
All that USA Today got wrong about reverse mortgages
A rebuttal to USA Today’s recent expose/editorial on reverse mortgages If there’s one thing many media outlets practice it is selective reporting of facts, willful omission, dividing Americans by race or economic class, and fear-mongering to garner clicks to increase ad revenues. Such are the criticisms that come to
HECMS: A Risky Proposition?
Ken Fisher (‘the I hate annuities” guy) says reverse mortgages are a risky proposition. What about seniors with little retirement savings? “I hate annuities. We don’t sell annuities. I would die and go to hell before I would sell an annuity”. Those words may sound familiar If you’ve seen
Not Surprised
The media is inaccurate, misleading and selective in reporting the facts? What’s new. The Consumer Financial Protection Bureau’s recent release of it’s report on reverse mortgage complaints was seized upon by both the media and so-called consumer advocate groups. Surprised? No. Damaging? Possibly.
