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  1. biz.yahoo.com
    LibertyStreet Financial Group Launches New Government-Backed Reverse Mortgage Program (Business Wire via Yahoo! Finance)
    SAN DIEGO----With many baby boomers coming of age, retirement incomes for seniors have remained relatively flat while the cost of living has skyrocketed. On November 6th, 2008, a new law took effect, increasing the federally insured Reverse Mortgage lending limit from $362,790 to $417,000 for homeowners age 62 and up.
  2. www.dailynews.com
    Loan limits to drop in L.A. in new year (Los Angeles Daily News)
    HOMES: Jumbo mortgages will be defined as $625,500. People looking to buy more expensive homes next year will have fewer options to find financing because Fannie Mae and Freddie Mac will have lower limits on the size of loans they can buy.





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