All surveys of Reverse Mortgage borrowers show an above 90% satisfaction rate. The most recent survey conducted by AARP had the number at 93%
Most financial products and institutions such as banks, investment banks and even forward mortgage lenders have pretty low satisfaction ratings. Banks are one of the most complined about industry in the country.
The fact that an overwhelming majority of people who have taken a Reverse Mortgage are happy, should be noted by all of the reporters and writers who bash the product under the guise of producing an unbiased piece.
93% is unheard of in almost any industry. 93% satisfaction for a product that is portrayed as bad for the people who take them, is a statistic that needs to be publicized.