Author Archive | Duane Gomer

reversemortgage

Myths of Reverse Mortgages

Getting the Facts If I get a Reverse Mortgage, the government will own my property and can take it at any time. WRONG. The homeowner continues to own the property. The lender-not the government-lends the money and the government insures the loan. The lender has the homeowner sign a note and a deed of trust […]

Continue Reading 0

CFPB Releases Report Detailing Complaints Against Big Three Credit Bureaus

Complaints One of the big responsibilities of the Consumer Financial Protection Bureau is to hear complaints from consumers. In the 21 months ending September 2021 they heard over 700,000 complaints against Equifax, Experian and TransUnion. This is 50% of all complaints received. Obviously consumers are not satisfied with the trio. In 2021 those companies reported […]

Continue Reading 0

More Information & Classes - www.DuaneGomer.com