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Technical meetings underway regarding reverse mortgage model

Author: Snježana Pezer

ZAGREB, Nov 20 (Hina) - Finance Ministry state secretary Zdravko Zrinusic said in the Croatian parliament on Tuesday that technical meetings were currently underway on whether to allow the reverse mortgage model, according to which banks or insurance companies would approve money for pensioners against a lien on valuable real estate that would be sold after the debtor's death.

(Hina) sp

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