First the good news: In "The Sokesman," Tom kelly writes avery good (and short) article about how Reverse Mortgages should not be labeled as "bad" or similar to "subprime." He really hits the nail on the head. Here is the link:

http://www.spokesman.com/stories/2009/aug/16/reverse-mortgages-shouldnt-be-lumped-into-bad/

In contrast; Consumer Reports has an article this month about Reverse Mortgages that is horrible. I can't even imagine a worse piece if I tried. Every negative is emphasized, including Senatir Mckaskill's ridiculous hearings and HUD's request for more money to subsidize the potential for losses (of course the author does mention that the losses may never happen.) 

This is another example of the fearmongering and one-sided reporting that had been the norm for many yaers and that, to this day, has probably misled millions of people into thinking that Reverse Mortgages are some kind of trap to take away senior citizens homes.

I am thoroughly disgusted by the article and if you want to be disgusted too, here is the link to it:

http://www.consumerreports.org/cro/magazine-archive/september-2009/personal-finance/reverse-mortgages/overview/reverse-mortgages-ov.htm