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	<title>Reverse Mortgage News and Articles &#187; reverse mortgage</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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		<slash:comments>0</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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		<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>
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		<slash:comments>0</slash:comments>
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		<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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		<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>
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		<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>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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