Vision Credit Education, Inc.

Your Nonprofit Credit Counseling Organization

Archive for the 'Reverse Mortgage' Category

Reverse Mortgage Counseling on the Rise

February 22nd, 2008 by Kenneth Long

In 2000, there were 7,000 reverse mortgages sold. By 2007, that number had risen to over 107,000. There are a couple of reasons for the increase in reverse mortgages. Read the rest of this entry »

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Reverse Mortgage Scams More Common

January 28th, 2008 by Kenneth Long

Florida Attorney General Bill McCollum has warned seniors to be wary of reverse mortgage scams that threaten to rob them of their hard-earned equity. Just as predatory lenders are largely responsible for the subprime mortgage collapse of 2007, these unscrupulous lenders are venturing into reverse mortgage scams. Read the rest of this entry »

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Reverse Mortgage Counseling Coming Soon

January 2nd, 2008 by Kenneth Long

Vision Credit Education, Inc. is pleased to announce that we plan to add reverse mortgage counseling to our other current counseling opportunities. This addresses the increasing popularity of reverse mortgages as more baby boomers near age 62. Read the rest of this entry »

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