Greenpath Debt Solutions
is boasting about its new program to offer reverse mortgage counseling for seniors. Reverse mortgages are loans for seniors age 62 and older that own a home with no balance or a low balance. The loans allow seniors to pull extra money out their home to pay for medical expenses and other debts. The loans have been linked to fraud and schemes to take advantage of seniors who do not understand the reverse loan mortgage process. Greenpath is a consumer counseling service. The company provides debt counseling and help with debt consolidation.
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Everything was going fine between banks and their customers for years. Sure, things became routine