Comments on: HUD Approves LIBOR Index for HECMs http://reversemortgagedaily.com/2007/07/23/hud-approves-libor-index-for-hecms/ Reverse Mortgage News and Information Fri, 21 Nov 2008 16:24:14 +0000 http://wordpress.org/?v=2.3.1 By: Risk Moment RES » Blog Archive » Central Banks Frustrated by Libor … NYBor? A NYBor/OIS Spread? http://reversemortgagedaily.com/2007/07/23/hud-approves-libor-index-for-hecms/#comment-4080 Risk Moment RES » Blog Archive » Central Banks Frustrated by Libor … NYBor? A NYBor/OIS Spread? Fri, 02 May 2008 12:33:29 +0000 http://reversemortgagedaily.com/2007/07/23/hud-approves-libor-index-for-hecms/#comment-4080 [...] announced that they plan to offer a LIBOR based HECM product to their brokers.  Back in July, HUD approved the use of the LIBOR index and lenders recently started talking about offering LIBOR based products ever since the HECM 100 [...] […] announced that they plan to offer a LIBOR based HECM product to their brokers.  Back in July, HUD approved the use of the LIBOR index and lenders recently started talking about offering LIBOR based products ever since the HECM 100 […]

]]> By: First LIBOR Based Reverse Mortgage Announced at Reverse Mortgage Daily http://reversemortgagedaily.com/2007/07/23/hud-approves-libor-index-for-hecms/#comment-2129 First LIBOR Based Reverse Mortgage Announced at Reverse Mortgage Daily Mon, 01 Oct 2007 06:02:43 +0000 http://reversemortgagedaily.com/2007/07/23/hud-approves-libor-index-for-hecms/#comment-2129 [...] announced that they plan to offer a LIBOR based HECM product to their brokers.  Back in July, HUD approved the use of the LIBOR index and lenders recently started talking about offering LIBOR based products ever since the HECM 100 [...] […] announced that they plan to offer a LIBOR based HECM product to their brokers.  Back in July, HUD approved the use of the LIBOR index and lenders recently started talking about offering LIBOR based products ever since the HECM 100 […]

]]> By: Ginnie Mae Releases HECM Mortgage Backed Security Program at Reverse Mortgage Daily http://reversemortgagedaily.com/2007/07/23/hud-approves-libor-index-for-hecms/#comment-2061 Ginnie Mae Releases HECM Mortgage Backed Security Program at Reverse Mortgage Daily Wed, 19 Sep 2007 23:30:54 +0000 http://reversemortgagedaily.com/2007/07/23/hud-approves-libor-index-for-hecms/#comment-2061 [...] at the moment they will not be accepted.  I would expect this to change in the near future since HUD recently approved the use of the LIBOR Index for HECMs and because lenders recently began announcing plans to offer LIBOR based HECMs.  No word on when [...] […] at the moment they will not be accepted.  I would expect this to change in the near future since HUD recently approved the use of the LIBOR Index for HECMs and because lenders recently began announcing plans to offer LIBOR based HECMs.  No word on when […]

]]> By: Reverse Mortgage Daily » Have We Seen The Last of The HECM 100? http://reversemortgagedaily.com/2007/07/23/hud-approves-libor-index-for-hecms/#comment-1958 Reverse Mortgage Daily » Have We Seen The Last of The HECM 100? Thu, 23 Aug 2007 23:17:16 +0000 http://reversemortgagedaily.com/2007/07/23/hud-approves-libor-index-for-hecms/#comment-1958 [...] that they are looking into releasing a new Libor based HECM product now that HUD has approved the use of the index.  David Peskin, CEO of LLS, also recently said that with the backing of KBC they will be able [...] […] that they are looking into releasing a new Libor based HECM product now that HUD has approved the use of the index.  David Peskin, CEO of LLS, also recently said that with the backing of KBC they will be able […]

]]> By: Dennis Haber http://reversemortgagedaily.com/2007/07/23/hud-approves-libor-index-for-hecms/#comment-1758 Dennis Haber Mon, 30 Jul 2007 22:48:20 +0000 http://reversemortgagedaily.com/2007/07/23/hud-approves-libor-index-for-hecms/#comment-1758 While the secondary market may like the change, it makes talking to our clients more difficult. The chosen LIBOR index may be better today, at the time of the origination. However, the cmt index may have a lower interest rate at a later point in time. So the wrong rate could have been chosen. - Dennis Haber <a>DennisHaber.com</a> While the secondary market may like the change, it makes talking to our clients more difficult. The chosen LIBOR index may be better today, at the time of the origination. However, the cmt index may have a lower interest rate at a later point in time. So the wrong rate could have been chosen.

- Dennis Haber
DennisHaber.com

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