Monday, August 17, 2009


Making Seniors More Money Savvy

Although she hasn't owned her own home in several years, David John's 87-year-old mother still receives refinancing offers.

The poor economy tends to "bring out wolves" bearing fraudulent offers, including illegitimate home refinancing, says Mr. John, a retirement expert and senior research fellow at the Heritage Foundation. "They prey on those who are perceived as the easiest targets, who are in many cases older Americans..."

WSJ: Making Seniors More Money Savvy

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