WASHINGTON (AP) - We've seen the TV ad pitches from celebrities like "The Fonz" Henry Winkler and actor and ex-senator Fred Thompson, touting the benefits of reverse mortgages for older homeowners.

WASHINGTON (AP) We've seen the TV ad pitches from celebrities like "The Fonz" Henry Winkler and actor and ex-senator Fred Thompson, touting the benefits of reverse mortgages for older homeowners.

Now U.S. regulators are warning: Don't be fooled. Many ads don't tell the whole story about reverse mortgages.

The Consumer Financial Protection Bureau says that a study it conducted with older homeowners found they were given the false impressions by the ads that they are a government benefit and that they ensure consumers can stay in their homes for the rest of their lives.

The agency says people should be aware of the risks of reverse mortgages, which are loans for homeowners 62 or older that must be repaid with interest and can deplete seniors' funds.