Is This A Federal Reverse-Mortgage Offer Or A Scam?

by Categorized: Banks, Deceptive advertising Date:

(MCT)Today’s Bottom Line column:

The successful scam letter looks authentic. But what happens when an authentic offer looks like a scam?

Shirley Stewart of South Windsor recently received a multi-color form letter — the old style, U.S. Postal Service type — inviting her to apply for a reverse mortgage through a federal program administered by the Department of Housing and Urban Development. It looked like an official government notice.

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