Seniors were sold a risk-free retirement with reverse mortgages. Now they face foreclosure. – USA Today

An area of Chicago, encompassing six ZIP codes, endured more than 1,000 reverse mortgage foreclosures in the past five years – more than many entire states.
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It’s hard to resist a slam-piece on reverse mortgage – even if you have to skew the truth. Even if you have to ignore widely-available federal code. Even if you’re USA Today and have a reputation to maintain.

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