Fox News ran a follow up on reverse mortgages this morning after they received so many emails about the previous segment.
Bob Massi, a fox news legal analyst, said that he may have been a little misunderstood last week – actually wrong – that in fact, if you get a reverse mortgage, the heirs can keep the home if they pay back the loan.
Massi gives Peter Bell and the National Reverse Mortgage Lenders Association a big shout out as well, so it’s clear they reached out to him to explain the mistakes from last week.
Towards the end, the hosts asks Massi if he recommends the loans? Watch the video to find out his answer.