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Data Key to Financial Planners’ Reverse Mortgage Perceptions

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Originators and other players in the reverse mortgage space say that challenges remain when convincing financial planners and other retirement experts that reverse mortgages are a good idea for some borrowers, but a solid education can be the best cure for skepticism — and positive thinking about the products is gaining traction.

Shelley Giordano, chair of the Funding Longevity Task Force, says that she’s seen a steady improvement in understanding among financial advisors since the task force formed in 2012