HMBS issuance totaled $859 million in August 2020, marking another banner month. Helped by a recovered capital market and low interest rates, HMBS issuers continued a streak of … more HMBS August 2020: Summer of Love for New Issuance
The Department of Housing and Urban Development has just announced the re-extension of exterior-only appraisals for case numbers assigned on or before October 31, 2020. Details were provided … more FHA Extends Exterior Appraisals
New research from the Center for Retirement Research at Boston College finds that strains on state and local government revenue due to COVID-19 will likely hamper governments’ ability … more Local Government Pensions Sustainable Despite COVID-19
In ten years, the 60+ population will be the largest market segment for the first time in history. What will our society look like? What improvements to the … more How Aging Trends Will Reshape Life in 2030
The Federal Housing Administration extended its foreclosure and eviction moratorium through December 31, 2020. The announcement was made in Mortgagee Letter 2020-27. “Due to the continued national emergency … more FHA Extends Foreclosure Moratorium Through Year-End
The following section lists the primary regulations pertaining to the FHA’s Home Equity Conversion Mortgage Program, used by compliance, underwriting and servicing staff.
The amount of money you need to retire depends on where you live, due to state-by-state differences in the cost of living. In some areas of the country, … more How Much Retirement Savings Do You Need In Your State?
The Federal Housing Administration launched a new Electronic Appraisal Delivery (EAD) module on the FHA Catalyst platform that allows mortgagees to electronically submit appraisals for forward mortgage transactions. … more FHA Launches Catalyst For Forward Mortgages; HECMs Must Wait
The Department of Housing and Urban Development’s Office of Policy Development and Research published the housing market indicators monthly update for July that includes some interesting data points: … more HUD: Total Home Equity Approaching $20T
Workers globally and in the U.S. expect they will need on average 67 percent of their current income in retirement, yet relatively few believe they are on course to … more Ways Employers Can Promote Retirement Security