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<channel>
	<title>Reverse Mortgage News and Articles &#187; Reverse Mortgage</title>
	<atom:link href="http://mlsreversemortgage.com/news/category/reverse-mortgage-news/feed/" rel="self" type="application/rss+xml" />
	<link>http://mlsreversemortgage.com/news</link>
	<description>Free Reverse Mortgage Information</description>
	<lastBuildDate>Mon, 17 May 2010 17:35:14 +0000</lastBuildDate>
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			<item>
		<title>5.49% Fixed Rate, No Service Fees, No Service Fee Set-Aside</title>
		<link>http://mlsreversemortgage.com/news/5-49-fixed-rate-no-service-fees-no-service-fee-set-aside/</link>
		<comments>http://mlsreversemortgage.com/news/5-49-fixed-rate-no-service-fees-no-service-fee-set-aside/#comments</comments>
		<pubDate>Fri, 02 Apr 2010 21:43:33 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=233</guid>
		<description><![CDATA[We are pleased to now be able to offer the fixed rate HECM at 5.49% without monthly service fees or service fee set-asides. The net benefit to the borrower will be the same as the 5.56% fixed rate at closing, however the lower rate will allow for slower accrual of interest over time. To learn [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/5-49-fixed-rate-no-service-fees-no-service-fee-set-aside/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Fixed Rate Service Fee is Now $0</title>
		<link>http://mlsreversemortgage.com/news/fixed-rate-service-fee-is-now-0/</link>
		<comments>http://mlsreversemortgage.com/news/fixed-rate-service-fee-is-now-0/#comments</comments>
		<pubDate>Thu, 18 Mar 2010 16:48:09 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=211</guid>
		<description><![CDATA[In an effort to remain competitive in today&#8217;s market, we have eliminated our monthly service fee on the fixed rate reverse mortgage. Traditionally, this fee would range from $25 &#8211; $30. This change will provide additional cash benefit toward the Principal Limit and help those  those just short of qualifying, in obtaining a reverse mortgage that [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/fixed-rate-service-fee-is-now-0/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Congress Extends $625,500 HECM Loan Limit Through 2010</title>
		<link>http://mlsreversemortgage.com/news/congress-extends-625500-hecm-loan-limit-through-2010/</link>
		<comments>http://mlsreversemortgage.com/news/congress-extends-625500-hecm-loan-limit-through-2010/#comments</comments>
		<pubDate>Fri, 30 Oct 2009 19:19:51 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[HECM]]></category>
		<category><![CDATA[lending limit]]></category>
		<category><![CDATA[nrmla]]></category>
		<category><![CDATA[reverse mortgage]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=207</guid>
		<description><![CDATA[By NRMLA
The continuing resolution (CR) that was passed by Congress yesterday and is now headed for the President&#8217;s signature extends the $625,500 national loan limit for HECM through calendar year 2010. Although the CR is a temporary measure providing funding thru 12/18/09 to allow a little more time for the appropriations bills to be completed, [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/congress-extends-625500-hecm-loan-limit-through-2010/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Reverse Mortgages &#8211; Does My Home Need to Be Free and Clear?</title>
		<link>http://mlsreversemortgage.com/news/reverse-mortgages-does-my-home-need-to-be-free-and-clear/</link>
		<comments>http://mlsreversemortgage.com/news/reverse-mortgages-does-my-home-need-to-be-free-and-clear/#comments</comments>
		<pubDate>Wed, 30 Sep 2009 00:55:39 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=203</guid>
		<description><![CDATA[
Recently I originated a loan for a gentleman, Mr. Smith for the purpose of this article, who at first was very evasive about what he owed on his home. When Mr. Smith applied on my website he input that his home was free and clear. In our initial conversation he reiterated that his home was [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/reverse-mortgages-does-my-home-need-to-be-free-and-clear/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>HECM Principal Limit To Decline by 10%</title>
		<link>http://mlsreversemortgage.com/news/hecm-principal-limit-to-decline-by-10/</link>
		<comments>http://mlsreversemortgage.com/news/hecm-principal-limit-to-decline-by-10/#comments</comments>
		<pubDate>Wed, 23 Sep 2009 21:31:22 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[HECM]]></category>
		<category><![CDATA[HECM loan limits]]></category>
		<category><![CDATA[nrmla]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=192</guid>
		<description><![CDATA[Breaking News from Peter Bell, NRMLA President:
I [Peter Bell] just got off a phone call with FHA Commissioner David Stevens and HUD Assistant Secretary for Congressional Relations Peter Kovar, who called to tell me that HUD has posted a Mortgagee Letter implementing the 10% haircut in principal limit factors, effective for all loans on which applications are [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/hecm-principal-limit-to-decline-by-10/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Death, Reverse Mortgages and Heirs</title>
		<link>http://mlsreversemortgage.com/news/death-reverse-mortgages-and-heirs/</link>
		<comments>http://mlsreversemortgage.com/news/death-reverse-mortgages-and-heirs/#comments</comments>
		<pubDate>Tue, 07 Jul 2009 17:30:24 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[Death]]></category>
		<category><![CDATA[Estate]]></category>
		<category><![CDATA[HECM]]></category>
		<category><![CDATA[Heirs]]></category>
		<category><![CDATA[reverse mortgage]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=181</guid>
		<description><![CDATA[We all know that there are only two guarantees in life: death and taxes. Seeing as none of us are going to get out of here alive, it seems appropriate to discuss what happens when the last surviving spouse passes away when a reverse mortgage is secured by the property. 
 


This is a question that comes [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/death-reverse-mortgages-and-heirs/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Treasury Based Reverse Mortgages Going Extinct?</title>
		<link>http://mlsreversemortgage.com/news/treasury-based-reverse-mortgages-going-extinct/</link>
		<comments>http://mlsreversemortgage.com/news/treasury-based-reverse-mortgages-going-extinct/#comments</comments>
		<pubDate>Thu, 25 Jun 2009 22:07:54 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[CMT]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Fixed Rate]]></category>
		<category><![CDATA[LIBOR]]></category>
		<category><![CDATA[reverse mortgage]]></category>
		<category><![CDATA[Reverse Mortgage Indices]]></category>
		<category><![CDATA[Treasury]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=173</guid>
		<description><![CDATA[
 Fannie Mae announced June 1, 2009 that effective September 1, 2009, they will no longer offer reverse mortgages based on the CMT or Constant Maturity Treasury. They will continue to offer the LIBOR (London Interbank Offered Rate) index.
 The LIBOR index has seen a steady increase in popularity since it&#8217;s release. Margins for both indices have been [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/treasury-based-reverse-mortgages-going-extinct/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Reverse Mortgage Rate Costs</title>
		<link>http://mlsreversemortgage.com/news/reverse-mortgage-rate-costs/</link>
		<comments>http://mlsreversemortgage.com/news/reverse-mortgage-rate-costs/#comments</comments>
		<pubDate>Wed, 06 May 2009 16:47:28 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=163</guid>
		<description><![CDATA[In our previous article, “My Reverse Mortgage Costs How Much,” we explored all the upfront fees involved in a reverse mortgage. Now, of equal importance, we explore continual costs that are accrued during the life of a reverse mortgage. These costs include the interest rate, the ongoing HUD Mortgage Insurance Premium (MIP), and the monthly [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/reverse-mortgage-rate-costs/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>My Reverse Mortgage Costs How Much?</title>
		<link>http://mlsreversemortgage.com/news/my-reverse-mortgage-costs-how-much/</link>
		<comments>http://mlsreversemortgage.com/news/my-reverse-mortgage-costs-how-much/#comments</comments>
		<pubDate>Mon, 06 Apr 2009 20:08:40 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=157</guid>
		<description><![CDATA[As a short term financing tool, reverse mortgages are an expensive proposition. However when used long-term, those expenses are spread throughout the life of the loan, making a reverse mortgage a viable solution to supplement retirement income, pay off a mortgage and have extra cash available to enjoy life to the fullest without the worry of mortgage [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/my-reverse-mortgage-costs-how-much/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>The Reverse Mortgage Process Explained</title>
		<link>http://mlsreversemortgage.com/news/the-reverse-mortgage-process-explained/</link>
		<comments>http://mlsreversemortgage.com/news/the-reverse-mortgage-process-explained/#comments</comments>
		<pubDate>Wed, 01 Apr 2009 04:37:39 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=155</guid>
		<description><![CDATA[Picture this&#8230; you&#8217;re a senior homeowner and nearly every time you go to your mail box, you get 1-5 solicitations for a reverse mortgage. You keep all the postcards and letters handy in case you decide to make a decision to proceed with a reverse mortgage. You&#8217;re starting to learn a lot about the program just from [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/the-reverse-mortgage-process-explained/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Misuse of Reverse Mortgage Terminology</title>
		<link>http://mlsreversemortgage.com/news/misuse-of-reverse-mortgage-terminology/</link>
		<comments>http://mlsreversemortgage.com/news/misuse-of-reverse-mortgage-terminology/#comments</comments>
		<pubDate>Thu, 05 Mar 2009 02:08:52 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[nrmla]]></category>
		<category><![CDATA[reverse mortgage]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=140</guid>
		<description><![CDATA[I recently read an interesting article by James E. Veale of Security One Lending on Reverse Mortgage Daily titled “Are Reverse Mortgages Really Income?” The main thrust behind the article is that several reverse mortgage professionals are misusing the term “income” to describe the proceeds of a reverse mortgage. This misuse of terminology can really [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/misuse-of-reverse-mortgage-terminology/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FHA Officially Raises HECM Loan Limit</title>
		<link>http://mlsreversemortgage.com/news/fha-officially-raises-hecm-loan-limit/</link>
		<comments>http://mlsreversemortgage.com/news/fha-officially-raises-hecm-loan-limit/#comments</comments>
		<pubDate>Wed, 25 Feb 2009 15:54:45 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=134</guid>
		<description><![CDATA[Mortgagee Letter 2009-07 Raises Limits to $625,500
The U.S. Department of Housing and Urban Development published Mortgagee Letter 2009-07, which officially raises the national limit for Home Equity Conversion Mortgages from $417,000 to $625,500 for the remainder of 2009.
The new limit took effect yesterday, 2/24/2009, the date of the Mortgagee Letter. 
Home Equity Conversion Mortgage Section [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/fha-officially-raises-hecm-loan-limit/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>With money running out, he cosiders a reverse mortgage</title>
		<link>http://mlsreversemortgage.com/news/with-money-running-out-he-cosiders-a-reverse-mortgage/</link>
		<comments>http://mlsreversemortgage.com/news/with-money-running-out-he-cosiders-a-reverse-mortgage/#comments</comments>
		<pubDate>Tue, 24 Feb 2009 17:51:37 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[reverse mortgage]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=101</guid>
		<description><![CDATA[Great article from the Wednesday, February 4, 2009 Sacramento Bee. In the article Rashida Lilani recommends as a way to increase options, that seniors go through a broker when obtaining a reverse mortgage versus a bank. She also advises to &#8220;do your homework.&#8221; MLS Reverse Mortgage advises the same. A reverse mortgage is a major [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/with-money-running-out-he-cosiders-a-reverse-mortgage/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New Reverse Mortgage Loan Limit: $625,500</title>
		<link>http://mlsreversemortgage.com/news/new-reverse-mortgage-loan-limit-625500/</link>
		<comments>http://mlsreversemortgage.com/news/new-reverse-mortgage-loan-limit-625500/#comments</comments>
		<pubDate>Wed, 18 Feb 2009 17:43:41 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[HECM]]></category>
		<category><![CDATA[HECM loan limits]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[reverse mortgage]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=128</guid>
		<description><![CDATA[The economic stimulus bill signed into law yesterday (2/17/09) by President Obama will raise the single national loan limit for HECMs (Home Equity Conversion Mortgage) to 150% of the Freddie Mac loan limit. That would create a HECM limit of $625,500. Currently, this limit is only applicable for loans made during the balance of 2009.It&#8217;s unknown when [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/new-reverse-mortgage-loan-limit-625500/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Final Version of Economic Stimulus Package Raises HECM Loan Limits to $625K</title>
		<link>http://mlsreversemortgage.com/news/final-version-of-economic-stimulus-package-raises-hecm-loan-limits-to-625k/</link>
		<comments>http://mlsreversemortgage.com/news/final-version-of-economic-stimulus-package-raises-hecm-loan-limits-to-625k/#comments</comments>
		<pubDate>Fri, 13 Feb 2009 22:52:02 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[HECM loan limits]]></category>
		<category><![CDATA[nrmla]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=122</guid>
		<description><![CDATA[NRMLA (reversemortgage.org)
NRMLA is pleased to report that the compromise package approved by the House-Senate conference committee yesterday does indeed set the HECM loan limit at 150% of the Freddie Mac limit, which would put it at $625,500 &#8212; for the balance of 2009.The House of Representatives approved the plan this afternoon and the Senate is [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/final-version-of-economic-stimulus-package-raises-hecm-loan-limits-to-625k/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Stimulus Bill Compromise Includes Higher HECM Loan Limit</title>
		<link>http://mlsreversemortgage.com/news/stimulus-bill-compromise-includes-higher-hecm-loan-limit/</link>
		<comments>http://mlsreversemortgage.com/news/stimulus-bill-compromise-includes-higher-hecm-loan-limit/#comments</comments>
		<pubDate>Thu, 12 Feb 2009 21:18:55 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[HECM loan limits]]></category>
		<category><![CDATA[nrmla]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=116</guid>
		<description><![CDATA[NRMLA &#8211; reversemortgage.org 
NRMLA is pleased to announce that we have learned that the compromise package emerging from the House-Senate conference committee includes the House language setting the HECM loan limit at 150% of the Freddie Mac limit, which would put it at $625,500 &#8212; for the balance of 2009 only. (Congress would have to act [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/stimulus-bill-compromise-includes-higher-hecm-loan-limit/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Myths, Pros and Cons of HECM Reverse Mortgages</title>
		<link>http://mlsreversemortgage.com/news/myths-pros-and-cons-of-hecm-reverse-mortgages/</link>
		<comments>http://mlsreversemortgage.com/news/myths-pros-and-cons-of-hecm-reverse-mortgages/#comments</comments>
		<pubDate>Tue, 10 Feb 2009 19:00:12 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=105</guid>
		<description><![CDATA[Mike Borba (President Borba Investments, Inc. dba MLS Reverse Mortgage)
First and foremost; the bank does not, nor do they want to own your home. So why do so many people believe this? Prior to FHA getting involved in 1988, the lenders would take an equity position in their Borrowers homes.  That practice has resulted in unfavorable [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/myths-pros-and-cons-of-hecm-reverse-mortgages/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Forclosures Have Met Their Match&#8230; Reverse Mortgages</title>
		<link>http://mlsreversemortgage.com/news/forclosures-have-met-their-match-reverse-mortgages/</link>
		<comments>http://mlsreversemortgage.com/news/forclosures-have-met-their-match-reverse-mortgages/#comments</comments>
		<pubDate>Fri, 06 Feb 2009 18:17:08 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[Forclosure]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=87</guid>
		<description><![CDATA[Josh Borba, Senior Reverse Mortgage Advisor
Foreclosure filings were reported on 2.3 million U.S. properties in 2008, an increase of 81 percent from 2007 and up 225 percent from 2006, according to the RealtyTrac U.S. Foreclosure Market Report released January 15, 2009. The soaring number of forclosures have sent ripples through the housing and banking industry with [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/forclosures-have-met-their-match-reverse-mortgages/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What is the TALC? And Why Should I Care?</title>
		<link>http://mlsreversemortgage.com/news/what-is-the-talc-and-why-should-i-care/</link>
		<comments>http://mlsreversemortgage.com/news/what-is-the-talc-and-why-should-i-care/#comments</comments>
		<pubDate>Wed, 04 Feb 2009 17:39:21 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=54</guid>
		<description><![CDATA[When you apply for a reverse mortgage, among all the pages of disclosures that you come across, you will find a disclosure called the TALC or Total Annual Loan Costs.  Well, what is this form and why is it important?

Simply put, the TALC (Total Annual Loan Costs) combines all of a reverse mortgage&#8217;s costs into a single [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/what-is-the-talc-and-why-should-i-care/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Understanding Reverse Mortgages</title>
		<link>http://mlsreversemortgage.com/news/understanding-reverse-mortgages/</link>
		<comments>http://mlsreversemortgage.com/news/understanding-reverse-mortgages/#comments</comments>
		<pubDate>Mon, 02 Feb 2009 20:55:30 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[HECM]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=49</guid>
		<description><![CDATA[
Seniors today often live with a great deal of financial uncertainty. The retirement they imagined may not be consistent with the reality they face.
 
Incomes are flat or declining, living and medical expenses are higher than ever and few income boosting alternatives exist.  Even those who have heard about Reverse Mortgages may be unsure about how [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/understanding-reverse-mortgages/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>House Passes Stimulus Bill with Loan Limit Increase</title>
		<link>http://mlsreversemortgage.com/news/house-passes-stimulus-bill-with-loan-limit-increase/</link>
		<comments>http://mlsreversemortgage.com/news/house-passes-stimulus-bill-with-loan-limit-increase/#comments</comments>
		<pubDate>Thu, 29 Jan 2009 16:50:46 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[HECM Loan Limit]]></category>
		<category><![CDATA[nrmla]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=37</guid>
		<description><![CDATA[We are pleased to report that the economic recovery bill passed by the U.S. House of Representatives last night includes the provision we reported to you last week that would set the single national loan limit for the HECM program at 150% of the Freddie Mac loan limit. Currently, the Freddie Mac limit is $417,000, [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/house-passes-stimulus-bill-with-loan-limit-increase/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Top Reverse Mortgage Markets Are in Florida</title>
		<link>http://mlsreversemortgage.com/news/top-reverse-mortgage-markets-are-in-florida/</link>
		<comments>http://mlsreversemortgage.com/news/top-reverse-mortgage-markets-are-in-florida/#comments</comments>
		<pubDate>Tue, 27 Jan 2009 17:03:13 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[fha]]></category>
		<category><![CDATA[Florida Reverse Mortgage]]></category>
		<category><![CDATA[hud]]></category>
		<category><![CDATA[nrmla]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=29</guid>
		<description><![CDATA[Three of the top 10 markets in the country for reverse mortgages are located in Florida, according to an analysis of government data conducted by Reverse Market Insight. 
Looking at data from the U.S. Department of Housing &#38; Urban Development, researchers point to Miami as the top reverse mortgage market in the country by a [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>HECM Loan Limit Increase Included in Stimulus Plan</title>
		<link>http://mlsreversemortgage.com/news/hecm-loan-limit-increase-included-in-stimulus-plan/</link>
		<comments>http://mlsreversemortgage.com/news/hecm-loan-limit-increase-included-in-stimulus-plan/#comments</comments>
		<pubDate>Tue, 27 Jan 2009 16:59:10 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[AARP]]></category>
		<category><![CDATA[fha reverse mortgage]]></category>
		<category><![CDATA[HECM loan limits]]></category>
		<category><![CDATA[nrmla]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=27</guid>
		<description><![CDATA[We are pleased to announce that the draft of the economic recovery bill released by the House of Representatives late yesterday contains a provision, inserted in response to a request that came jointly from NRMLA and AARP, that would set the single national loan limit for HECM at a higher level than $417,000&#8211;for the balance [...]]]></description>
		<wfw:commentRss>http://mlsreversemortgage.com/news/hecm-loan-limit-increase-included-in-stimulus-plan/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Social Security Administration Promoting Online Retirement Tool</title>
		<link>http://mlsreversemortgage.com/news/social-security-administration-promoting-online-retirement-tool/</link>
		<comments>http://mlsreversemortgage.com/news/social-security-administration-promoting-online-retirement-tool/#comments</comments>
		<pubDate>Tue, 27 Jan 2009 01:37:22 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[nrmla]]></category>
		<category><![CDATA[retirement tools]]></category>
		<category><![CDATA[social security administration]]></category>
		<category><![CDATA[ssa]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=19</guid>
		<description><![CDATA[The Social Security Administration just announced a new application that allows qualified individuals to register for Social Security benefits online in as little as 15 minutes.
The SSA will be hosting a free demonstration&#8211;Retire Online. It&#8217;s So Easy!&#8211;on January 29 at 2 p.m.
To RSVP, please visit http://www.socialsecurity.gov/survey/retireonlinersvp.htm. Be sure to invite your clients and colleagues to [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Face to Face Meeting or Not</title>
		<link>http://mlsreversemortgage.com/news/face-to-face-meeting-or-not/</link>
		<comments>http://mlsreversemortgage.com/news/face-to-face-meeting-or-not/#comments</comments>
		<pubDate>Tue, 27 Jan 2009 00:46:09 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[fha]]></category>
		<category><![CDATA[hud]]></category>
		<category><![CDATA[hud approved broker]]></category>
		<category><![CDATA[nrmla]]></category>
		<category><![CDATA[reverse mortgages]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=8</guid>
		<description><![CDATA[Michael Borba (President Borba Investments, Inc. dba MLS Reverse Mortgage) 

Some companies would like you to believe that these specialized loans are so intricate and confusing that Seniors can't decide what to do without having their hands held. What am I referring to?
]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>FHA Authorizes HECM for Home Purchase</title>
		<link>http://mlsreversemortgage.com/news/fha%c2%a0authorizes-hecm-for-home-purchase/</link>
		<comments>http://mlsreversemortgage.com/news/fha%c2%a0authorizes-hecm-for-home-purchase/#comments</comments>
		<pubDate>Tue, 27 Jan 2009 00:39:26 +0000</pubDate>
		<dc:creator>mlsreversemortgage.com</dc:creator>
				<category><![CDATA[Reverse Mortgage]]></category>
		<category><![CDATA[fha]]></category>
		<category><![CDATA[hecm for home purchase]]></category>
		<category><![CDATA[hud lender]]></category>
		<category><![CDATA[nrmla]]></category>
		<category><![CDATA[purchase reverse mortgage]]></category>
		<category><![CDATA[reverse mortgage]]></category>

		<guid isPermaLink="false">http://mlsreversemortgage.com/news/?p=5</guid>
		<description><![CDATA[Written by: Michael Borba (Owner/Broker, MLS Reverse Mortgage, Auburn, Ca)
 
Beginning January 1, 2009 FHA will began insuring reverse mortgage loans for Seniors to purchase homes. Reverse mortgages have traditionally been available for refinance loans in the past, provided the Senior resided in the home.

What does this mean to Seniors?  This is really great news for Seniors, 62 [...]]]></description>
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