Financial experts warn of the pitfalls in reverse mortgages

Reverse mortgages not always golden for those golden years

Reverse mortgages sound like a solution for seniors, but business experts say beware of possible scams as people become desperate for money during hard times and some high-priced programs manage to bilk older folk out of major savings.  And if you are a boomer looking for a solution to financial hardship during retirement, examine the negatives and don't just read the television hype about easy money.