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HMBS portfolio poses 'significant risk' to HUD in 2024 - Reverse Mortgage Daily

A new report from HUD's watchdog details the "unique" risks to the Department posed by the reverse mortgage-backed securities program.

Ginnie-mae
Office-of-the-inspector
Housing-administration
Us-department-of-housing
Home-equity-conversion-mortgage
Urban-development
Reverse-mortgage-funding
Inspector-general
Federal-housing-administration

Ginnie Mae President talks reverse mortgage environment, federal challenges in RMD exclusive

Ginnie Mae President Alanna McCargo sat down with RMD to discuss the HMBS program, assuming RMF's portfolio and her hopes for a 2024 budget.

Alanna-mccargo
Donald-trump
Ted-tozer
Barack-obama
Ginnie-mae
National-reverse-mortgage-lenders-association
Government-national-mortgage-association-ginnie-mae
Government-national-mortgage-association
President-donald
Home-equity-conversion-mortgage
Reverse-mortgage-funding
Annual-meeting

Longbridge parent remains profitable in Q3, lender bucks market volatility

Ellington Financial posted gains in Q3, and despite industry-wide volatility maintains a positive outlook about Longbridge Financial.

Laurence-penn
Housing-administration
Ellington-financial
Longbridge-financial
Federal-housing-administration
Home-equity-conversion-mortgage
Reverse-mortgage-funding

Texas Capital secures portion of funds it lent to RMF parent

The presiding bankruptcy judge sided with TCB over the objection of another lender, as TCB seeks remedies against Ginnie Mae.

Texas
United-states
Delaware
Ginnie-mae
Mary-walrath
Mortgage-investment-trust
Texas-capital-bank
Us-department-of-housing
Housing-administration
Office-of-the-inspector
Reverse-mortgage-funding
Reverse-mortgage-investment-trust

Reverse mortgage volume sees slight uptick, but HMBS issuance drops again in October

HECM volume was flat in October, according to RMI data, while HMBS issuance fell again, based on data from Ginnie Mae and New View Advisors.

United-states
America
Ginnie-mae
John-lunde
Traditional-mortgage-acceptance-corp
Guild-mortgage-company
Equity-conversion-mortgage
Reverse-market-insight
New-view
Reverse-mortgage-funding
Traditional-mortgage-acceptance
Goodlife-home-loans

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