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Negative equity security, in the event that you took down a reverse mortgage before this date, check always your agreement.

Negative equity security, in the event that you took down a reverse mortgage before this date, check always your agreement. Reverse mortgages applied for from 18 September 2012 have negative equity security. What this means is you can’t find yourself owing the financial institution a lot more than your property is well well worth (market value or equity). If it…