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HECM study assesses financial impacts of program over 20 years

A HUD report examining 20 years of HECM data showed the financial impact of the program on the Mutual Mortgage Insurance Fund.

Us department of housingHousing administrationSp groupOffice of policy developmentEconometrica incUrban developmentPolicy developmentHome equity conversion mortgageFederal housing administrationMutual mortgage insurance

HUD outlines reverse mortgage wish list in budget proposal

In HUD's congressional justifications for its next budget request, it has several proposals for the FHA's reverse mortgage program.

White houseDistrict of columbiaUnited statesSteve irwinHousing administrationNational reverse mortgage lenders associationUs department of housingUrban developmentFederal housing administrationHome equity conversion mortgageMutual mortgage insurance

Reverse mortgage professionals react to resignation of HUD Secretary Fudge

Marcia Fudge surprised many people, including the president and co-chair of NRMLA, when she announced her resignation.

White houseDistrict of columbiaUnited statesAdrianne todmanGinnie maeJulia gordonSteve irwinJoe bidenScott normanAlanna mccargoUs department of housingNational reverse mortgage lenders associationHousing administrationUrban developmentSecretary marcia fudgeannouncedPresident joe

Review of MMI Fund s reverse mortgage book sheds light on evolving HECM

An actuarial review of the HECM book of business helps to illustrate value changes and the path that the reverse mortgage program has taken.

Housing administrationUs department of housingIt data consultingHome equity conversion mortgageMutual mortgage insuranceFederal housing administrationAnnual reportFiscal yearFiscal yearsUrban development

Reverse mortgage professionals weigh in on 2024 s new HECM limit

While most industry professionals see a new reverse mortgage limit as a positive development for 2024, the attitude is not universal.

United statesTane cabeJoe kellyShelley giordanoFreddie macMichael mccullyDan hultquistJonathan scarpatiFairway independent mortgage corporationFannie maeFairway independent mortgage corpHousing administrationUs department of housingUrban developmentFederal housing administrationHome equity conversion mortgage

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