Here is an article from the WSJ last Thursday:
http://online.wsj.com/article/SB123264214889606533.html
It starts off okay, saying that demand for Reverse Mortgages is up. However, it takes a nasty turn for the worse when Bronwyn Belling, a "reverse mortgage specialist for the AARP" "warns that the decision should be delayed as long as possible and should not be made lightly because the fees are high."
What does that mean? "delay the decision for as long as possible!?!?!? That's ridiculous! if a Reverse Mortgage is right, why shoudl anyone wait?
The article isn't terrible, but this remonds me of the many articles I have read over the past few years that basically said that RM's are only for the very few, desperate and needy people and only should be considered as a last resort. I completetly disagree with this idea and I feel that lately, the press had been impoving. Hopefully, I am right and we'll see less press that insinuates that RM's are inherently bad.
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