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New Reverse Mortgage Lender Requirements January 1st 2010 was an important time for Reverse Mortgage Lenders. Real Estate Settlement Procedures Act or RESPA amendment was changed for Reverse Mortgages and there are now some new protections. These protections are built in to the changes to protect the borrower from improper increases in closing costs for the borrower. This article will explain how these changes in the RESPA will affect your financial future, and how it has made the very safe Reverse Mortgage, even safer.