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FHA Keeps Reverse Mortgage Lending Limit Unchanged for 2014 

Dec 06, 2013By

The Department of Housing and Urban Development announced today it will keep reverse mortgage loan limits unchanged through 2014, though it has reduced forward lending limits in some counties across the country, namely high-cost areas. The limit for Home Equity Conversion Mortgages will remain at a maximum claim amount of $625,500, with actual loan limits […]