Saul Friedman wrote a great article about Reverse Mortgages in Newsday a few days ago. Here is the link:

http://www.newsday.com/columnists/saul-friedman/gray-matters-reverse-mortgages-are-still-safe-1.1347485

In it, he challenge Senator Claire McKaskill about her recent hearings and negative statements about Reverse Mortgages. I think it is great. While everyone in teh business knows that there are a few bad apples, the vast majority of people working with Reverse Mortgages are honest. While there are a few unhappy borrowers, even though Senator McKaskill only found one upset daughter of a borrower to testify (and she really did not know what she was talking about) well over 90 percent of Reverse Mortgage borrowers are happy. It is important to put this into the context of other financial products that have MUCH lower satisfaction rates.

For a Senator, or any public official to talk about the "possible abuses" and problems and never mention the many positives and unique benefits, is unprofessional and wrong.