1.0CLP Bloghttps://clpblog.citizen.orgAllison ZieveCFPB reports on misleading ads for reverse mortgages - CLP Blogrich600338<blockquote class="wp-embedded-content" data-secret="W41pnuvYfB"><a href="https://clpblog.citizen.org/cfpb-reports-on-misleading-ads-for-reverse-mortgages/">CFPB reports on misleading ads for reverse mortgages</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://clpblog.citizen.org/cfpb-reports-on-misleading-ads-for-reverse-mortgages/embed/#?secret=W41pnuvYfB" width="600" height="338" title="“CFPB reports on misleading ads for reverse mortgages” — CLP Blog" data-secret="W41pnuvYfB" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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The Consumer Financial Protection Bureau is reporting on its just-completed study of advertisements for reverse mortgages: Ads for reverse mortgages are found on television, radio, in print, and on the internet, and many ads feature celebrity spokespeople discussing the benefits of reverse mortgages without mentioning risks. We looked closely at many ads and found incomplete [...]