Reverse Mortgages Backfire: The Consumer Team Investigates

Cynthia Rojas

June 15, 2013

(DALLAS-FT. WORTH, TX)    The Consumer Team talk radio program will air a special report on the growing number of consumer complaints regarding reverse mortgages.   Ernie Sprance will anchor the report which will be broadcast Saturday, June 15th on KRLD Radio from 5-7PM Central.

The Consumer Team - Saturdays 5-7 PM - KRLD Radio

Pete Thomson, host and producer of The Consumer Team, commented on the reverse mortgage story.   He said, “This is the second story we’ve done on reverse mortgages.  Last year, we did a Consumer Alert which focused on the lack of understanding that many seniors have regarding the transaction.   Now Ernie Sprance has new coverage to share with our listeners regarding reverse mortgages.  We’re especially concerned about this story because it impacts seniors and has the potential to have an adverse effect on their retirement quality.   Anyone who is considering using this type of financial instrument should listen to this segment.”

For more information on The Consumer Team or to listen live, go to   Airing on Dallas-Ft. Worth’s top rated news-talk station KRLD, The Consumer Team is one of the highest rated local consumer advocacy radio programs in America.  The Consumer Team is produced by McQ Media, Dallas, Texas.