Economy

June 22, 2009 7:33 AM

Reverse mortgages giving regulators some concerns

Critics say reverse mortgages, though just a niche of the larger industry, are a ticking time bomb and have some parallels to subprime mortgages: They are complex and hard to comprehend, and they may be useful for a small number of sophisticated borrowers who understand the risks but dangerous for those who don't.

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