Mortgage Companies Now Going After Seniors.

Seniors are now the targets for mortgage companies. The phones are off the hook about reverse mortgages and home equity loans. I am very upset that these telemarketers are on the prowl.

In some states there has to be a lawyer present to oversee the documents. But not the case in all states. The represenative can just send papers in the mail for a signature.

Some of the older people may not have understood there might be a balloon payment years later.