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	<title>Reverse Mortgage News and Articles &#187; Treasury</title>
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		<title>Treasury Based Reverse Mortgages Going Extinct?</title>
		<link>http://mlsreversemortgage.com/news/treasury-based-reverse-mortgages-going-extinct/</link>
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		<pubDate>Thu, 25 Jun 2009 22:07:54 +0000</pubDate>
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				<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>

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		<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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