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Reverse Mortgage Borrower Education: Who’s Responsible? 

Oct 26, 2011By

When it comes to who’s responsible for educating prospective reverse mortgage borrowers, it seems everyone is pointing fingers—at themselves. Lenders and counselors alike assume responsibility for making sure consumers know about the reverse product, especially following a court case in January of 2010 where a judge voided a reverse mortgage and held the lender ultimately responsible for […]