Seniors Lose $63 Billion in Home Values

The amount of home equity owned by American seniors fell by $63 billion between the first and second quarters, the National Reverse Mortgage Lenders Association/RiskSpan Reverse Mortgage Market Index found.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_446/seniors-lose-63b-home-values-1026839-1.html

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