money and financial problems

Reverse mortgage

A loan given to homeowners in exchange for equity in their homes. The loan does not have to be repaid until the homeowner dies, sells the house, or moves. Under the FHA's reverse mortgage program, homeowners must be at least 62 years of age, own the...



To cheat a person out of money or property through fraud or deceit.

Variable annuity


An annuity — periodic payments to a recipient — that varies in amount based on the performance of the underlying investments.

Illustrative caselaw

See, e.g. NationsBank of North Carolina, N.A. v. Variable Annuity Life Ins. Co., 513 U.S....