#hecm

[ follow ]
fromwww.housingwire.com
1 month ago

HUD is light on reverse mortgage detail in budget justifications

HUD is requesting $160 million for MMI Fund programs, a rise linked to managing HECM growth and increased administrative costs.
#reverse-mortgage
fromwww.housingwire.com
1 month ago

White House expects reverse mortgages to keep performing

The guaranteed loan subsidy rate for HECMs was -2.87% in 2024, indicating program receipts exceeding costs, thus benefiting taxpayers instead of requiring subsidies.
Remodel
#ginnie-mae
#hud
fromwww.housingwire.com
4 months ago
Retirement

HUD cancels HECM-related tech contract under direction of DOGE

HUD's tool for housing counseling is canceled due to funding loss, impacting HECM counselors' operations.
Counselors advised to use alternative budget tools since the HUD tool is no longer available.
fromwww.housingwire.com
4 months ago
Retirement

Report suggests key HECM field office at HUD could be shut down

The potential closure of the HUD field office in Tulsa could significantly disrupt the HECM program's functionality.
fromwww.housingwire.com
3 months ago

Reverse mortgage pros head to California for first event of 2025

Our one-day regional meetings are designed to maximize participation while being mindful of costs and time commitments, making them attractive to industry professionals.
SF real estate
#reverse-mortgages
fromwww.housingwire.com
4 months ago

Ginnie Mae challenges TCB expert's testimony in HMBS case

TCB's claim regarding Ginnie Mae's authority over collateral in HECM loans is disputed by the government, emphasizing whole mortgages are indivisible in HMBS.
#endorsements
[ Load more ]