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More homeowners revert to reverse mortgages

Published 02/02/2009, For the Duluth News Tribune

Reverse mortgages have become increasingly popular nationwide. Last year the number of federally insured reverse mortgages grew 6.4 percent to 115,176 loans nationwide, according to the National Reverse Mortgage Lenders Association. And the number of lenders that originated the loans grew 76.5 percent.

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