CFPB fines three reverse #mortgage #lenders over deceptive advertising

American Advisors Group, Reverse #mortgage Solutions and Aegean Financial are the latest names to face the wrath of the Consumer Financial Protection Bureau due to deceptive advertisements in reverse #mortgage lending. “These companies tricked consumers into believing they could not lose their homes with a reverse #mortgage,” said CFPB Director Richard Cordray. http://www.housingwire.com/articles/38699-cfpb-fines-three-reverse-mortgage-lenders-over-deceptive-advertising ❤️ #share #mortgage

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