Ginnie Mae announced today that investors of Home Equity Conversion Mortgages can now take advantage of a new Platinum securities execution — the HECM Mortgage-Backed Security (HMBS) Platinum … more Ginnie Mae launches HMBS Platinum Product
In one of her first public speeches since being confirmed as the new director of the Consumer Financial Protection Bureau, Kathleen Kraninger outlined a vision for the Bureau … more CFPB Director Promises Transparent Rulemaking In Speech
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The National Reverse Mortgage Lenders Association has compiled statistics and research on aging and retirement topics to assist with your article on reverse mortgages. You can also find … more Resources for Reporters and Interested Professionals
HMBS float fell again in March as a big payoff total continued to outweigh issuance. With over $950 million in payoffs and a continued drought of new issuance, … more HMBS March 2019 Part II: March Backwards – Big Payoffs Drive Down HMBS Float
After a full year away from #1, AAG recaptured the lead HMBS issuer slot for the first quarter of 2019, with $391 million of issuance for a 23.5% … more 2019Q1 HMBS Issuer League Tables – Look Who’s Back
Citing statistics from consulting firm Age Wave and Bank of America Merrill Lynch, a new article from Barron’s highlights that nearly 80 percent of parents give some financial … more Barron’s: Parents Spend $500 Billion a Year Supporting Adult Children
The most comprehensive changes to private retirement plans in more than a decade are gaining momentum in Congress, according to media reports. The House Ways and Means Committee … more House Committee Unanimously Passes Landmark Retirement Legislation
HMBS issuance held steady in March 2019 at just under $558 million. March issuance was consistent with the sharply lower issuance of recent months, despite one highly seasoned … more March 2019 HMBS Issuance: Groundhog Day in March
The following page shows annual HECM production from 1990 to the present by federal fiscal year and by calendar year from 2001 onward.