Older adults, most of whom are well-insured, are among the millions of Americans who experience problems with reporting and collection of inaccurate medical bills. In 2020, nearly four … more New CFPB Issue Spotlight: Medical Debt and Older Adults
Combating Elder Abuse
Protecting Your Clients From Wire Fraud
Email hacking and wire fraud, with the intent to misdirect wired funds, is a growing concern. With the help of our servicer and title company members, NRMLA has … more Protecting Your Clients From Wire Fraud
Agencies Release Enhanced Version of “Money Smart for Older Adults
The Consumer Financial Protection Bureau and the Federal Deposit Insurance Corporation (FDIC) announced the joint release of an enhanced version of the award-winning financial education curriculum, Money Smart … more Agencies Release Enhanced Version of “Money Smart for Older Adults
Recognize & Report Elder Financial Abuse
A new consumer brochure from the National Reverse Mortgage Lenders Association helps seniors and their loved ones recognize common scams and signs of financial exploitation. The free resource … more Recognize & Report Elder Financial Abuse
Protect Your Clients During Financial Literacy Month
April is Financial Literacy Month, and in recognition, the National Council on Aging published an article that highlights eight tips for seniors to protect themselves from money scams. … more Protect Your Clients During Financial Literacy Month
Social Security Impostors Take Scams to the Next Level
A new article from AARP highlights how criminals have been phoning people, posing as real Social Security officials and flaunting fake badge numbers, to persuade victims to give … more Social Security Impostors Take Scams to the Next Level
HUD OIG Issues HECM Fraud Bulletin
Due to the economic fallout from COVID-19, more people may be considering reverse mortgages but as a consequence become targets of fraud schemes related to them, according to … more HUD OIG Issues HECM Fraud Bulletin
CFPB Announces New Resource To Fight Elder Abuse
As World Elder Abuse Awareness Day approaches on June 13, the Consumer Financial Protection Bureau released a new online resource to help communities form networks to increase their … more CFPB Announces New Resource To Fight Elder Abuse
New CFPB Resource: Planning Your Finances For An Uncertain Future
The Consumer Financial Protection Bureau published new financial education resources for older adults, their families, and practitioners who work in the aging field during the coronavirus pandemic. Included … more New CFPB Resource: Planning Your Finances For An Uncertain Future
Senate Aging Committee Shines Spotlight on Social Security Scam
This week, the Senate Special Committee on Aging held a public hearing that examined the Social Security Impersonation Scam that last year cost seniors $38 million. The Committee also released … more Senate Aging Committee Shines Spotlight on Social Security Scam
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