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Ginnie Mae Releases HECM MBS Guide

June 20th, 2007  |  by admin Published in GNMA, Products

gnmaA few days ago NRMLA posted a copy of the HECM MBS reference guide from Ginnie Mae.  The HMBS reference guide is intended to inform interested parties about Ginnie Mae’s HMBS program requirements, HMBS pool origination, ongoing HMBS administration and accounting, security reporting, and monthly reporting requirements. I haven’t had a chance to go through the entire 79-page document yet, but this is a good indicator that GNMA is on track to issue the first HMBS in September.  To read a copy of the guide click the link below.

HECM MBS Guide

Technorati tags: Reverse Mortgage, Reverse Mortgage Securities, HECM, Reverse Mortgage News, GNMA

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    Related Posts
  • Ginnie Mae Releases HECM Mortgage Backed Security Program
  • Sun West Completes Issuance of Ginne Mae HMBS Reverse Mortgage Securities
  • Ginnie Mae’s Reverse Mortgage Presentation From MBA Conference


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John R. Yedinak is a licensed Loan Originator and works for Vacation Finance An Illinois Residential Mortgage Licensee. View John R. Yedinak's profile on LinkedIn



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