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	<title>Reverse Mortgage News and Articles &#187; HECM</title>
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	<description>Free Reverse Mortgage Information</description>
	<lastBuildDate>Mon, 17 May 2010 17:35:14 +0000</lastBuildDate>
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		<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>
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		<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>
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		<slash:comments>1</slash:comments>
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		<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>
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		<slash:comments>0</slash:comments>
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		<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>
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		<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>
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