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	<title>Reverse Mortgage News and Articles &#187; nrmla</title>
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	<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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		<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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		<slash:comments>0</slash:comments>
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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>
		</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>
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		<slash:comments>0</slash:comments>
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		<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>
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		<slash:comments>0</slash:comments>
		</item>
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		<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>
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		<slash:comments>0</slash:comments>
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		<item>
		<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>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<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>
		</item>
		<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>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<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>
		<wfw:commentRss>http://mlsreversemortgage.com/news/social-security-administration-promoting-online-retirement-tool/feed/</wfw:commentRss>
		<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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		<slash:comments>0</slash:comments>
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