Fred Thompson now advertising govt. insured reverse mortgage.

I've seen those commercials. Amazing isn't it?

Reverse mortgages are a scam in themselves.
 
I bet those reverse mortgages were a good deal back in 2007 when houses were over valued.
 
He needs a job like anyone else. He gave up his Law and Order gig for a failed run at the Presidency. He's been out of work for a long time.
 
[ame="http://www.youtube.com/watch?v=gIcqb9hHQ3E&feature=player_detailpage"]http://www.youtube.com/watch?v=gIcqb9hHQ3E&feature=player_detailpage[/ame]
 
Govt insured and he says he is PROUD to be associated with the reverse mortgage company.
A real conservative that one.
 
You want a REVERSE morgage that actually makes sense?

Sell your home and YOU take the buyer's paper.

Duh!
 
Either way what is the problem?
Reverse mortgage pays you instead of you paying mortgage!
Or if you sell house to individual you have the individual pay you!

Pretty simple isn't it?
So again what is the problem with "reverse mortgages"?
I want REAL facts not anecdotal "well I know someone..crap"..
I want to know if you have a legal binding document with a legitimate company like Thompson (former lawyer, senator) would KNOW if there was a public screw job..
tell me what the problem is that YOU know more then Thompson?

Again.. give me FACTS not anecdotal...
 
its not just him. Henry winkler, robert wagner, james gardner and others are blowing the horn
 

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