Dodd/Frank creates a HUGE DONUT HOLE of DESPAIR for retired homeowners with paid off homes but no reasonable way to tap home equity out at a slow pace during their retirement years. Equity Rich, Cash Poor retirees are being forced to either sell their home or get an inferior Reverse Mortgage when a REHELOC would be the perfect solution for their existing HELOC that is about to RESET.
Monday, June 23, 2014
Bank of America really stealing family home that was being passed from one generation to the next.
Hard to believe how arrogant Bank of America can be. 225,000 petition signatures and Bank of America just does not care.
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