Why not raise reverse mortgage limits?
Many seniors looking to tap home equity still out of luck
By Tom Kelly, Wednesday, April 23, 2008.While loan limits for conventional mortgages recently were raised with the passage of the Economic Stimulus Act of 2008, those seniors hoping to tap into additional home equity via the nation's most popular reverse mortgage are stuck with the same loan ceilings -- at least for now.
more...Copyright 2008 Tom Kelly
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