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PJ's Reverse Mortgage Blog

February 25th, 2009 11:15 AM

The American Recovery and Reinvestment Act of 2009 signed into law February 17, 2009

Loan limits for the Home Equity Conversion Mortgage or FHA HECM reverse, as it is sometimes called. the new nation wide limit for 2009 is $625,500. :)

This information is from "HUD mortgagee letter 2009-7". PJ :)

Posted by Phillis Jackson on February 25th, 2009 11:15 AMPost a Comment (0)

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