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‘’ 2011 ‘’ July ‘’ 03

Archive for July 3rd, 2011

Reverse mortgage defaults threaten seniors

Reverse mortgage defaults threaten seniors News from Pittsburgh Post Gazette: Reverse mortgages, which allow older adults to convert some of the equity in their homes into cash, have been a life line for many house-rich, cash-poor seniors struggling to get by. But now, with a growing number of reverse mortgages falling into default, these retirees [...]