Kenneth M asked:


My dad wants to get a reverse mortage loan, I am trying to convince him not to. I try & tell him that these companies are obviously making a lot of money, because they run so many TV ads. & he says “They are sponsored by the gouvernement” I believe on the ad they mention something about “THe gouvernement.” What can you tell me about this? I want to come back at him with some facts like “For your information dad, they are independent corporations & the gouvernement has nothing to do with the actually lending of the money, the most the gouvernement did for these companies was hand them a license to do so.” something like that, please help me, I really need him to “Drop it” just drop the subject completely, anything you can do to help! please & thank you!

WILLIE