Detailed text transcripts for TV channel - KGO - 20121206:11:15:00
Commercials on tv, the ads that promise reverse mortgages to solve your money problems and every other problem, 99 of them right. >> exactly. companies are targeting senior citizens and in some cases causing people to lose everything. now congress is taking some action. abc's jim avila reports. >> it was just grand, this was our dream. >> reporter: the family home, dream and nest egg for wisconsin's linda and jim mcmahon until it had to be sold out from under linda to pay back a reverse mortgage as soon as her husband died. >> i get a letter sorry to hear about your husband passing away. buy t...
Source: news source