The following page shows annual HECM production from 1990 to the present by federal fiscal year and by calendar year from 2001 onward.
AAG kept its frontrunner HMBS issuer position throughout 2019, ending the year with $1.97 billion of issuance and 24% market share. It’s worth noting AAG’s issuance totals are … more 2019 HMBS Issuer League Tables – No Surprises
The Federal Housing Administration implemented its Defect Taxonomy Version 2, effective for loan reviews beginning Wednesday, January 1, 2020. The new version includes various updates to the Defect … more Defect Taxonomy Version 2 and Loan Review System Enhancements Now Effective
To provide issuers of HECM Mortgage-Backed Securities with additional guidance related to monthly and annual reporting obligations, Ginnie Mae published its HMBS Investor Reporting Manual. Issuers were notified … more Ginnie Mae Publishes HMBS Investor Reporting Manual
Parents who help their unemployed adult children out financially tend to spend less money on food. They work more. And they reduce how much they save for retirement, … more Study Examines Economic Impact of Parents Helping Unemployed Children
Lawmakers are expected to pass the first major piece of retirement legislation in a decade this week. The Setting Every Community Up for Retirement Enhancement Act, or SECURE … more Congress Set to Pass Major Retirement Bill
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
By a vote of 20 to 5, the Senate Banking Committee this week approved the nomination of Brian Montgomery to be the next Deputy HUD Secretary. In addition … more Senate Banking Committee Confirms Montgomery Nomination
HMBS November 2019 Part II: HMBS Float in Equilibrium at $54 Billion Outstanding HMBS fell by $33 million in November, as lower payoffs were balanced by a strong … more HMBS November 2019 Part II: HMBS Float in Equilibrium at $54 Billion
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