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Apr 24, 2020 · The most common misconception about reverse mortgages is that you are eligible to borrow all of your home equity or even the full value of your home. This is not true. You are only eligible to borrow a portion of your home equity. And, you do not always get your full loan amount in cash.
Oct 8, 2021 · The Consumer Financial Protection Bureau accused AAG of deceptive advertising intended to mislead seniors and agreed to settle the suit for $1.1 million. “American Advisors Group violated consumers’ trust by advertising reverse mortgages with inflated and deceptive home-value estimates,” said Acting CFPB Director David Uejio.
Dec 7, 2016 · Through its investigation, the CFPB found that since January 2012 Reverse Mortgage Solutions’ advertisements misrepresented that consumers could not lose their home and that they would have the right to stay in their home for the rest of their lives.
May 20, 2024 · Curious about Tom Selleck's reverse mortgage commercials? Discover the truth behind celebrity endorsements, common misconceptions, and whether these loans are right for you.
Aug 18, 2021 · AAG Reverse Mortgage reviews and complaints. As of July 2022, the company was accredited by the Better Business Bureau (BBB) with a B+ rating. There have been 93 complaints registered in the last three years, and of these complaints, 44 were closed in the last 12 months.
Mar 22, 2022 · The Consumer Financial Protection Bureau has accused AAG – American Advisors Group of deceptive advertising (Credit: YouTube) The general consensus is that Tom Selleck is an absolute shill, willing to sell out his fans for a check from AAG.
May 7, 2024 · With the cancellation of his show "Blue Bloods," Tom Selleck admits he's worried he’ll have to give up his ranch. Could a reverse mortgage be the solution?
