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Oregon Senate Votes to Save 1,700 Reverse Mortgage Borrowers—For Now

Oregon legislature seems to be making headway In the ongoing debate over how to resolve its senior tax deferral-reverse mortgage problem. The state’s senior tax deferral program went through a rule change in the fall that eliminated an estimated 5,000 seniors from the program; a third of which—or roughly 1,700 borrowers—were disqualified for having reverse mortgages. [...]...

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Published By: Reverse Mortgage Daily - Wednesday, 22 February