Talk of The Villages Florida - View Single Post - Reverse Mortgages: Taxpayers on Hook for Billions of Dollars Every Year
Thread: Reverse Mortgages: Taxpayers on Hook for Billions of Dollars Every Year
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Old 01-30-2021, 12:31 PM
manaboutown manaboutown is offline
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Quote:
Originally Posted by nick demis View Post
Does that mean that the government is paying out $14 billion or they are on the hook for $14 billion? Insurance companies are on the hook for every penny they insure everyone for but the only pay out a miniscule portion of that amount. I don't know what the true facts are but am skeptical when I hear incomplete information.

Paying out.
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