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Reverse Mortgage Foreclosures Spiked Sharply in 2016 

Nov 16, 2017By

The number of reverse mortgage foreclosures surged significantly in 2016, according to a new analysis from a pair of nonprofits. Between April and December 2016, the Department of Housing and Urban Development logged 32,976 reverse mortgage foreclosures — for comparison, the number recorded in the seven years between April 2009 and April 2016 was 41,237. That […]