The Consumer Financial Protection Bureau’s (CFPB’s) Office for Older Americans is offering new webinars on protecting older adults from financial exploitation.

Making informed choices about using home equity to pay for retirement costs begins with understanding the products. This webinar will focus on two products commonly offered to older adults:

• Reverse mortgages, which are a special type of home loan typically for homeowners aged 62 or older. With reverse mortgages, borrowers don’t make monthly mortgage payments but are charged interest and fees, and the balance due goes up – not down – over time. In general, the loan must be repaid when the borrower no longer lives in the home.

• Home equity investment products, also known as home equity sharing agreements, which are financial agreements in which a homeowner gets an upfront cash payment in exchange for a percentage of their home’s future value or future price appreciation.

This presentation by CFPB experts will look at how these products work, what questions to ask, and what risks to consider. The webinar will help professionals and older adults make informed decisions about their home equity and how to avoid fraud and scams.

(Note: this is the last in the 2025 series)