A 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.
Most Related Articles
What reverse mortgage pros can learn from this Seattle tech support firm HW+
The reverse mortgage industry has sought to incorporate new technology into the mix, but that comes with unique challenges for seniors.
Nov 29, 2022
-
Syndicated column explains why reverse mortgage foreclosures happen HW+
Nov 21, 2022 -
What a senior should consider about getting a reverse mortgage in 2022’s economy HW+
Nov 11, 2022 -
Money Scoop turns a millennial’s eye to reverse mortgages HW+
Nov 07, 2022 -
Alt. equity product Splitero expands to new states, begins seeking reverse mortgage partnerships HW+
Nov 04, 2022 -
[Updated] AAG suspends its proprietary product offering from FAR, HomeSafe still available HW+
Oct 20, 2022
Latest Articles
FHFA increases conforming loan limits for Fannie, Freddie in 2023 HW+
The FHFA increase to the conforming loan limits has typically been a “sneak peek” of a reverse mortgage lending limit announcement.
Nov 29, 2022
-
What reverse mortgage pros can learn from this Seattle tech support firm HW+
Nov 29, 2022 -
FHA extends HECM reverse mortgage loss mitigation waivers HW+
Nov 28, 2022 -
New York Times: More older adults live alone, face housing challenges HW+
Nov 28, 2022 -
Origins: Gail Balettie on her journey into reverse mortgages, the importance of servicing HW+
Nov 27, 2022 -
The RMD Podcast #38: Celink’s Gail Balettie on the importance of reverse mortgage servicing HW+
Nov 23, 2022