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.
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.
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.