The Department of Housing and Urban Development published a Request for Information in today’s Federal Register to gather market feedback on opportunities to enhance the HECM and HMBS programs and assess opportunities to improve and more closely align these programs with their intended role.
What’s next: Comments are due December 1, 2025 although HUD will consider later comments to the extent practicable.
A total of 21 questions are being asked covering a range of topics, including:
- Program performance, market role and emerging risks
- Consumer interest and demand
- Origination volumes
- Liquidity
- Program improvements
NRMLA will be coordinating with our various committees to develop appropriate responses on behalf of the membership.