Reference Section

Annual HECM Endorsement Chart

The following page shows annual HECM production from 1990 to the present by federal fiscal year and by calendar year from 2001 onward.

FHA Actuarial Report: Economic Value of HECM Improves By $7.7 Billion

The financial health of the Home Equity Conversion Mortgage (HECM) portfolio improved dramatically over the past year, ending Fiscal Year 2019 with a negative stand-alone capital ratio of … more FHA Actuarial Report: Economic Value of HECM Improves By $7.7 Billion

HMBS October 2019 Part II: HMBS Float Drops Below $54 Billion

Outstanding HMBS fell by $180 million in October, as continued strong payoffs outweighed a solid issuance month. Payoffs once again totaled just under $1 billion. Total outstanding HMBS … more HMBS October 2019 Part II: HMBS Float Drops Below $54 Billion

Research Shows Spending Declines As We Grow Older

New research from the Employee Benefit Research Institute shows that consumer spending declines as people transition from early retirement (often referred to as the go-go years), to middle … more Research Shows Spending Declines As We Grow Older

DAS Gisele Roget Leaving HUD

Deputy Assistant Secretary for Single Family Housing Gisele Roget announced her departure from the Department of Housing and Urban Development effective Friday, November 8, to take over as … more DAS Gisele Roget Leaving HUD

Mr. October Comes Through for Team HMBS

HMBS issuance totaled $642 million in October 2019, as lower rates continued to strengthen new production. 82 pools were issued in October, including about $426 million of new … more Mr. October Comes Through for Team HMBS

Academics Offer Solutions for Improving Reverse Mortgage Appeal

The Brookings Institution, in partnership with the Kellogg School of Management at Northwestern University, hosted a public forum in Washington, DC this week that featured two prominent reverse … more Academics Offer Solutions for Improving Reverse Mortgage Appeal