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Eighty-nine year-old SETX man loses home with reverse mortgage & now lives in his trailer

Eighty-nine year-old SETX man loses home with reverse mortgage and is now warning other senior citizens. Joe Cardinale lost his home and now lives in his trailer.

An 89-year-old Southeast Texas man who lost his home after getting a reverse mortgage is now sending a warning to other senior citizens.

Joe Cardinale lost his home and now lives in his trailer.

KFDM/6 News on Fox's Jessica Crawford reports that reverse mortgages are increasing in popularity with senior citizens, but the drawbacks could lead to devastating consequences for some seniors.


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