#USA #Madison #Financial Fraud #Senior Protection #Fairway SAFE

Fairway Home Mortgage Launches Fairway SAFE

In a significant step towards safeguarding older adults from financial exploitation, Fairway Home Mortgage has announced the launch of Fairway SAFE (Senior Advocacy & Financial Education). This nonprofit initiative aims to empower seniors and their families with the knowledge to identify, prevent, and respond effectively to financial scams.

As financial fraud continues to evolve, becoming increasingly sophisticated, older adults disproportionately bear the brunt of these crimes. Scammers often employ tactics such as social engineering, impersonation, investment fraud, and romance scams to deceive their victims. Fairway SAFE seeks to be a trustworthy resource that provides educational tools to increase financial literacy and awareness among older adults.

Janet Koopman, President of Fairway SAFE, emphasized the importance of financial security, noting that it encompasses not just the protection of assets but also the preservation of confidence, independence, and peace of mind. "Our mission is to empower seniors and their families with the requisite knowledge and resources to recognize potential threats and make informed financial decisions without fear," she stated.

To commemorate its launch, Fairway SAFE will kick off with an educational webinar titled "Stay Safe: Protecting Yourself from Scams and Financial Abuse" on Wednesday, July 29. This free one-hour session will feature Steven J. J. Weisman, a nationally recognized fraud expert. The webinar is tailored to equip attendees with actionable strategies that can help them better protect themselves and their loved ones from fraud.

During the webinar, participants will learn:

• - The expanding landscape of financial scams targeting seniors
• - Typical methods employed by scammers to build trust and manipulate their victims
• - Identifying the most vulnerable populations and the reasons behind their susceptibility
• - New trends in fraud that specifically affect older adults
• - Practical steps that can be taken to safeguard personal finances and those of loved ones

Steven J. J. Weisman emphasized the critical role of education in combating financial fraud, stating, "Recognizing the warning signs early can prevent individuals from becoming victims of financial scammers." The upcoming webinar will be moderated by Janet Koopman and is open to all seniors, caregivers, financial professionals, and anyone interested in learning more about navigating the challenging terrain of modern financial fraud.

Webinar Details

• - Title: Stay Safe: Protecting Yourself from Scams and Financial Abuse
• - Date: Wednesday, July 29
• - Time: 11:00 AM PT / 12:00 PM MT / 1:00 PM CT / 2:00 PM ET
• - Registration Link: Fairway SAFE Webinar Registration

Beyond the inaugural webinar, Fairway SAFE plans to broaden its educational outreach through additional webinars, community partnerships, and resources aimed at helping older adults confidently steer through their financial landscapes.

About Fairway SAFE

Fairway SAFE (Senior Advocacy & Financial Education) serves as the nonprofit branch of Fairway Home Mortgage. It is dedicated to advocating for and educating seniors by offering fraud prevention initiatives, reliable resources, and community partnerships. This initiative strives to empower older adults and their families to not only make informed decisions but also to protect their financial well-being in a rapidly changing environment.

About Fairway Home Mortgage

Fairway Independent Mortgage Corporation, operating under the name Fairway Home Mortgage (NMLS #2289), is a prominent full-service mortgage lender. They provide innovative lending solutions designed for long-term financial prosperity. Known for both traditional and reverse mortgage lending, Fairway prioritizes education and responsible lending practices in its operations. For more information, visit www.fairway.com.