Why are reverse mortgage complaints increasing?

On today’s episode, Editor in Chief Sarah Wheeler talks with Chris Clow, editor of Reverse Mortgage Daily, about the increased complaints the Consumer Financial Protection Bureau is getting on reverse mortgages, the controversy over FHA’s role in reverse servicing, and how reverse lender AAG has branched out with marketing through TikTok.

Articles related to this episode:

• Reverse mortgage complaints to CFPB accelerate during pandemic
• NRMLA President: FHA shouldn’t be in the mortgage servicing business
• AAG extends reach to TikTok, sponsoring vocabulary challenge with senior influencer

HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by the HW team and produced by Elissa Branch.