Elder in the Mortgage Industry Compliance Course

As a mortgage professional, you play a critical role in protecting one of the most vulnerable segments of our population: senior citizens. With age often comes financial dependency, cognitive decline, or isolation—factors that create fertile ground for exploitation. Unfortunately, financial elder abuse is a growing issue in today’s complex economic landscape, and transactions involving intricate financial products like reverse mortgages are particularly susceptible to abuse.

In this course, we aim to empower you with the tools and knowledge needed to combat this pressing problem. Together, we will:

• Understand the prevalence and impact of financial exploitation on seniors.
• Learn how to identify warning signs that suggest potential abuse, whether perpetrated by family members, caregivers, or predatory actors.
• Review critical safeguards designed to protect seniors from financial exploitation, including laws and regulatory measures you should be aware of in your day-to-day practice.
• Explore the unique challenges, costs, and risks associated with reverse mortgages, equipping you to better serve and protect elderly borrowers who may struggle to navigate these complex transactions.