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.Word count: 650
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