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A reverse mortgage can be a powerful financial tool in retirement, but consumers should learn about recent changes to the loan program before considering getting one. Also known as Home Equity.
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Shares of Pier 1 Imports Inc. PIR, -1.39% tumbled 22% in morning trading, enough to pace the NYSE’s decliners, as they extend losses following last week’s announcement of a 1-for-20 reverse stock.
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