Preying on the poor, elderly and the sick is not an honorable way to conduct business.
Widow faces foreclosure on reverse mortgage she says she didn’t understand
Barbara Freeman will never forget what it was like the day a slick banker sat down at the kitchen table in the only house she’s ever owned.
Mike Sullivan, a man whose business card identified him as a Wells Fargo reverse mortgage consultant who worked out of Greensboro, and a partner explained the workings of a deal that he said could provide much needed cash to Freeman and her husband, Roy.
“I didn’t understand really anything about it,” she said. “But they made it sound good, and they told us I could stay in the house even if something happened to Roy.”
The bankers thought they might be interested in what they were selling — a high-interest reverse mortgage that would provide them with nearly $25,000.
Despite misgivings, the Freemans took the deal. But instead of a worry-free retirement…
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Deadly Clear 
This crime is unconscionable the banks have set up all homeowners from the poor, young, to the elderly. No morals or conscions at all. Disgusting