HECM
Latest Posts
Exploring the Strength of the FHA Insurance Fund
Apr 26, 2011According to analysis by New View Advisors, a financial services firm dedicated to the reverse mortgage industry, the FHA's HECM mortgage insurance fund currently faces a negative net present value (NPV) estimated at $7.3 billion. The negative analyzes the total MIP collected and compares it to actual realized losses and projected losses from loans originated between 1990-2010. New View estimates that there are currently about 540,000 HECM loans outstanding with an approximate total outstanding balance of $76 billion. Comparing the current balances of individual loans to home price data they estimate that 93,000 of those loans are currently
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NRMLA Prepares for Washington Policy Gathering
Apr 20, 2011 -
HECM Saver Picks Up Pace
Apr 19, 2011 -
Ginnie Mae Revises HECM MBS Servicing Fee Margin
Apr 19, 2011 -
Budget Bill Cuts HUD Counseling Funding
Apr 14, 2011 -
Curious Speculation on Reverse Mortgage Exits
Apr 14, 2011 -
Wholesale Continues Positive Momentum
Apr 12, 2011 -
Will Budget Battle Slow Loan Activity?
Apr 08, 2011 -
Retail Production Crosses Threshold
Apr 08, 2011 -
HUD Rescinds ML 2008-38 Non-Recourse Clarification
Apr 06, 2011 -
New Rules, Higher Costs for RM Borrowers
Apr 06, 2011 -
NRMLA West: HUD Update
Mar 17, 2011