A study by SP Group LLC and Econometrica Inc. analyzed the HECM program's financial impact by assessing gains and losses over 20 years, evaluating components like mortgage insurance premiums and claims payments.
The assessment also considered the solvency of the Federal Housing Administration's MMI Fund, excluding administrative costs incurred by HUD for program operation.
Out of 1.1 million HECM loans endorsed during the period, 533,894 were terminated and disposed, with emphasis on the cash outflows from claims payments under the FHA insurance program.
[
add
]
[
|
|
...
]