Talk of The Villages Florida - View Single Post - It's Getting Real - Just signed with a realtor
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Old 04-04-2022, 01:59 PM
manaboutown manaboutown is online now
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Quote:
Originally Posted by Stu from NYC View Post
He sure keeps busy selling his products that he keeps saying he is not selling.
Yes. And he uses the acronym HECM in lieu of calling a reverse mortgage a reverse mortgage as the term "reverse mortgage" has a negative connotation to most of us based on its spotty history and ongoing sales practices.

Perhaps HECM literally stands for Haven't Equity Can't Move!

Reverse Mortgage Scams — FBI

Seniors face foreclosure in retirement after failed reverse mortgage
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Last edited by manaboutown; 04-04-2022 at 02:29 PM.