How Did Reverse Mortgages Get Such a Bad Reputation?
Before discussing how reverse mortgages can fit into your retirement income plan, it is worthwhile to first consider in greater detail the bad reputation reverse mortgages have developed. Some aspects of that bad reputation are based on misunderstandings, some aspects were true in the past but have since been mitigated, and some aspects may still remain.
Pfau, Wade D. PhD, "How Did Reverse Mortgages Get Such a Bad Reputation?" (2016). Faculty Publications. 415.