The CFPB Got It Wrong With Reverse Mortgages
by National Reverse Mortgage Lenders Association

January 3, 2018

Contrary to what the Consumer Financial Protection Bureau believes, there is value in delaying Social Security and spending down assets, such as home equity, in the interim, according to nationally-renowned retirement expert Dr. Wade D. Pfau.

Dr. Pfau, who teaches financial services and retirement planning at The American College in Bryn Mawr, PA, published an article in Advisor Perspectives that refuted the CFPB’s conclusions in an August report, titled The Costs and Risks of Using a Reverse Mortgage to Delay Collecting Social Security.

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Category: Reverse Market News

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The CFPB Got It Wrong With Reverse Mortgages by National Reverse Mortgage Lenders Association

The CFPB Got It Wrong With Reverse Mortgages
by National Reverse Mortgage Lenders Association