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Blog Posts in December, 2009

  • The Underside Of Reverse Mortgages

    Because I question my credentials as a world observer, I have been slow to write about reverse mortgages. Even though they use traditional legal theory, they reverse traditional economic thought in the sense that they advance a loan without an expectation that the loan be repaid until the borrower dies. Accumulated equity in real estate is mortgaged, usually in response to glitzy ads telling us ...
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