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Warning Issued on CFPB Report
Forbes contributor and co-Director of the American College’s New York Life Center for Retirement Income Jamie Hopkins provides an analysis of what are considered shortcomings in a recent Consumer Financial Protection Bureau report on the use of reverse mortgage to delay collecting Social Security. Citing “mischaracterization by CFPB” that could lead people to conclude that age 62 is the correct age to file for benefits, Hopkins’ analysis suggests the report is incredibly flawed, misleading, and harmful. Read his post here…
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