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Federal Housing Administration

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Industry Leaders: MMI Report Shows Reverse Mortgage Business’ Improving Strength 

Nov 18, 2020By

The reverse mortgage portion of the Federal Housing Administration’s Mutual Mortgage Insurance Fund (MMIF) continues to stand at a negative capital ratio on the overall government-backed portfolio, according to an annual actuarial review of the fund’s finances released late last week. However, its negative value over the past year has been almost entirely diminished, sitting […]

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