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Senior Home Equity Remains Greater Than $3 Trillion Despite Renewed Concerns About National Home...

Washington, DC - July 8, 2011 - (RealEstateRama) -- An estimate of senior home equity owned by Americans aged 62 and over stood at $3.2 trillion as of the end of the first quarter in 2011, according to results from the recently released NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI). The index has tracked reverse mortgage market opportunity since 2000 by analyzing and reporting on trends in senior home values and home equity levels.

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Energy Subcommittee Advances Eight Bills to Safeguard American Families From Rising...

Congressman Bob Latta (OH-05), Chairman of the Subcommittee on Energy, led a markup of eight bills. “Throughout this Congress, witnesses before our subcommittee have made things crystal clear: Our nation is in the midst of a concerning reliability crisis; Affordability challenges are straining household budgets; and our electric sector must meet the moment to ensure our country can compete and win in the next generation economy,