#hecm

[ follow ]
fromwww.housingwire.com
1 day ago

HUD is light on reverse mortgage detail in budget justifications

The budget request is somewhat higher than in years past, primarily to manage the growing HECM portfolio and related administrative demands.
Remodel
#reverse-mortgage
fromwww.housingwire.com
1 week ago

White House expects reverse mortgages to keep performing

The guaranteed loan subsidy rate for HECMs was -2.87% in 2024, indicating program receipts exceeding costs, thus benefiting taxpayers instead of requiring subsidies.
Remodel
#hud
#reverse-mortgages
#ginnie-mae
#endorsements
[ Load more ]