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Loan Modification

: Mortgage Lender Implode-o-Meter

Reverse Mortgage Applications Rise to Highest Level Since September 2009

By Implode-Explode Heavy Industries

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"The run up in applications before the end of FHA?s fiscal year is normal and is likely to increase as reverse mortgage borrowers rush to complete the process before the Department of Housing and Urban Development lowers the principal limit factors in October."

Full post as published by Mortgage Lender Implode-o-Meter on September 20, 2010 (boomark / email).

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