HUD Seeks Industry Feedback on HECM and HMBS Programs

HUD Seeks Industry Feedback on HECM and HMBS Programs

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.

Published by

Darryl Hicks

Darryl Hicks is Vice President of Communications for the National Reverse Mortgage Lenders Association. In this capacity, Hicks writes for NRMLA's publications, manages the association's web sites and social media accounts, assists committees and the Board of Directors, and manages the Certified Reverse Mortgage Professional designation. Prior to joining NRMLA in 1999, Hicks spent three years in the Washington, D.C. bureau for National Mortgage News.