New York Law Now Requires Borrower Attorneys at Reverse Mortgage Closings to Protect Consumers from Fraud
Identity theft and misrepresentation in mortgage transactions has traditionally concentrated in the reverse mortgage business. In these cases one can clearly see how elderly homeowners can be manipulated into taking out loans or selling their homes through unscrupulous means. Oftentimes these transactions are conducted with powers of attorney and not every lender inquires why such […]
Read More New York Law Now Requires Borrower Attorneys at Reverse Mortgage Closings to Protect Consumers from Fraud