A few weeks back, I wrote about a National Consumer Law Center study reporting that some of the same people who sold subprime loans now sell reverse mortgages.

Even so, there are people 62 or older who might benefit from reverse mortgages, if they can find reliable providers.

“I basically know how they work, that they are not for everyone and should probably be used as a last resort for income,” says reader Lois Girard. “Many people have lost substantial investments needed for retirement and may need this product.”

Full story is available on Philadelphia Enquirer