The reverse mortgage industry has suffered an onslaught of ignorant, misinformed and outright adversarial articles in the media from so-called “experts” and “journalists”. Fox Business has risen above most when it comes to reverse mortgages. My real gripe isn’t so much the sophomoric reporting and lack of research but the incalculable damage these stories do to the seniors who may need the product the most and secondly our industry’s reputation.
Whether you agree to Fox News’ claim to be fair and balanced politically depends on one’s perspective. But facts are stubborn things and judging an article on it’s factual basis is a much easier task.
Read the Fox Business article “Reverse Mortgages: Right for you?” and post your comments. Was Fox Business fair & balanced in this case?