taking

3 minutes read
The Consumer Financial Protection Bureau (CFPB) gave a warning to consumers aged 62 and older who are considering a reverse mortgage to delay dipping into their Social Security benefits. In a 26-page issue brief dated August 2017, the Bureau determined that: (i) the costs of using a reverse mortgage exceed the total amount of Social Security benefits one could receive in a lifetime by delaying it, and (ii) th...