Reverse mortgages are not the next subprime

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From The Washington Post

Reverse mortgages are for seniors who don't have enough spendable income to meet their needs but do have equity in their homes, which they don't mind depleting for their own use rather than leaving it for their heirs. For reasons not clear to me, reverse mortgages are being bad-mouthed by an unlikely source: consumer groups that are supposed to represent the interest of consumers in general, and seniors in particular.
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