Reverse mortgage book inside MMI Fund continues to evolveHECM Mutual Mortgage Insurance Fund shows positive growth, with an increase in estimated economic net worth to $17.4 million.Key factors affecting the HECM book include home-price appreciation and interest rates.
FHA establishes permanent single-family loan sale programFHA establishes a permanent program for selling seriously delinquent FHA-insured mortgages to enhance recoveries and support the Mutual Mortgage Insurance Fund.