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Real Estate
The Real Estate Adviser |
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October 2, 2003
Reverse mortgages still battling misperceptions
By TOM KELLY
The Real Estate Advisor
The Real Estate Advisor
CHICAGO - While reverse mortgage companies around the country showed glowing statistics supporting another banner year, the rapidly expanding group wants seniors to be able to tap a greater percentage of their home equity.
The National Reverse Mortgage Lenders Association's annual meeting was highlighted by calls for a single national loan limit, a reduction on up-front mortgage insurance costs and a continual push for education and awareness.
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Previous columns:
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