CNBC’s Closing Bell with Maria Bartiromo took a look at reverse mortgages in a Friday segment featuring The National Reverse Mortgage Lenders Association’s Peter Bell and Chris Thornberg of L.A.-based Beacon Economics.
The segment touches on the new reverse mortgage public awareness campaign launched last week by NRMLA and serves as a dialogue to address some common misperceptions about reverse mortgage loans.
“The CFPB is getting ready to release a critical study,” Bartiromo says in introducing the segment.
Bell fielded questions from Thornberg and Bartiromo addressing issues from fees to fraud. View the segment.
View the segment on CNBC.com.
Written by Elizabeth Ecker