The following page shows annual HECM production from 1990 to the present by federal fiscal year and by calendar year from 2001 onward.
Reference Section
President Signs Executive Order to Strengthen Retirement Security
On August 31, President Trump signed an executive order to cut some of the administrative burdens and costs that can prevent smaller employers from offering 401(k) plans for their workers. … more President Signs Executive Order to Strengthen Retirement Security
BCFP Announces New Advisory Committee Members
The Bureau of Consumer Financial Protection (Bureau) appointed new experts from outside the federal government to the Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory … more BCFP Announces New Advisory Committee Members
Reverse Mortgage “Intensive” Offers New Training Opportunities
Have you recently hired new sales staff who need reverse mortgage training, or do you have friends in the forward mortgage business who are contemplating a move into … more Reverse Mortgage “Intensive” Offers New Training Opportunities
August 2018 HMBS: Cat Has Eight Lives Left
HMBS issuance rose slightly in August 2018 to just over $579 million, a small increase over July, which was the lowest issuance month in nearly four years. No … more August 2018 HMBS: Cat Has Eight Lives Left
Use This Chart to Compare Proprietary Products
The sudden influx of proprietary reverse mortgages into the marketplace benefits businesses and consumers, but also raises a slew of questions since the new products all have their … more Use This Chart to Compare Proprietary Products
New Data Highlights Retirement Challenges Facing Boomers
Three years ago, The NHP Foundation, a New York-based non-profit real estate developer that builds and manages affordable housing, started surveying the general public on different social issues … more New Data Highlights Retirement Challenges Facing Boomers
FHA Extends Foreclosure Moratorium to HECM Borrowers in Puerto Rico and U.S. Virgin Islands
Due to the extensive damage caused by Hurricane Maria in Puerto Rico and the U.S. Virgin Islands, the Department of Housing and Urban Development (HUD) published FHA Info #18-37 which … more FHA Extends Foreclosure Moratorium to HECM Borrowers in Puerto Rico and U.S. Virgin Islands
Senate Banking Committee Confirms BCFP and Ginnie Mae Nominees
The Senate Banking Committee this week approved the nominations of Kathleen Laura Kraninger to be the next director of the Bureau of Consumer Financial Protection and Michael R. … more Senate Banking Committee Confirms BCFP and Ginnie Mae Nominees
Key HECM Regulations and Resource Materials
The following section lists the primary regulations pertaining to the FHA’s Home Equity Conversion Mortgage Program, used by compliance, underwriting and servicing staff.