Comments on: Bank of America Issues First Reverse Mortgage REMIC http://reversemortgagedaily.com/2010/01/21/bank-of-america-issues-first-reverse-mortgage-remic/ Reverse Mortgage News and Information Sat, 26 May 2012 06:42:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Anonymous http://reversemortgagedaily.com/2010/01/21/bank-of-america-issues-first-reverse-mortgage-remic/comment-page-1/#comment-38296 Anonymous Thu, 21 Jan 2010 17:49:00 +0000 http://reversemortgagedaily.com/2010/01/21/bank-of-america-issues-first-reverse-mortgage-remic/#comment-38296 The real question is how this product will be received in the secondary market. How well it does could have far reaching implications for the future of the industry and even margins on the adjustable rate HECM products. It could even accelerate the return of some proprietary products.rnrnFor some like me, a more indepth analysis of a REMIC and its jargon are needed to better understand this particular financial structure. This article did little in providing such information or "education."rnrnReva (and Admin), a follow up article related to REMICs would be great, especially their direct application to reverse mortgages would be helpful. Hint, hint. The real question is how this product will be received in the secondary market. How well it does could have far reaching implications for the future of the industry and even margins on the adjustable rate HECM products. It could even accelerate the return of some proprietary products.rnrnFor some like me, a more indepth analysis of a REMIC and its jargon are needed to better understand this particular financial structure. This article did little in providing such information or “education.”rnrnReva (and Admin), a follow up article related to REMICs would be great, especially their direct application to reverse mortgages would be helpful. Hint, hint.

]]> By: The_Critic http://reversemortgagedaily.com/2010/01/21/bank-of-america-issues-first-reverse-mortgage-remic/comment-page-1/#comment-35768 The_Critic Thu, 21 Jan 2010 15:49:21 +0000 http://reversemortgagedaily.com/2010/01/21/bank-of-america-issues-first-reverse-mortgage-remic/#comment-35768 The real question is how this product will be received in the secondary market. How well it does could have far reaching implications for the future of the industry and even margins on the adjustable rate HECM products. It could even accelerate the return of some proprietary products.<br><br>For some like me, a more indepth analysis of a REMIC and its jargon are needed to better understand this particular financial structure. This article did little in providing such information or "education."<br><br>Reva (and Admin), a follow up article related to REMICs would be great, especially their direct application to reverse mortgages would be helpful. Hint, hint. The real question is how this product will be received in the secondary market. How well it does could have far reaching implications for the future of the industry and even margins on the adjustable rate HECM products. It could even accelerate the return of some proprietary products.

For some like me, a more indepth analysis of a REMIC and its jargon are needed to better understand this particular financial structure. This article did little in providing such information or “education.”

Reva (and Admin), a follow up article related to REMICs would be great, especially their direct application to reverse mortgages would be helpful. Hint, hint.

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