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
Reverse mortgage lender says its private product avoids recent challenges HW+
South River Mortgage says its proprietary product has been able to avoid some of the additional risk wrought by the economy. Here’s why.
Jun 29, 2022
-
Updated: Three major reverse mortgage lenders make changes to private products due to market volatility HW+
Jun 21, 2022 -
Reverse mortgage professionals see rising interest in private products HW+
Jun 17, 2022 -
Money.com: Describing the end of the reverse mortgage loan process HW+
Jun 14, 2022 -
The Street: Financial adviser describes creative uses of a reverse mortgage HW+
Jun 13, 2022 -
WSJ: Reverse mortgages have gotten ‘a makeover’ HW+
Jun 03, 2022
Latest Articles
Reverse mortgage volume rises in June, HMBS issuance dips HW+
Reverse mortgage volume rose slightly in June, but headwinds abound as it appears the refi boom may finally be dead.
Jul 05, 2022
-
Teachers’ pension organization completes acquisition of reverse mortgage lender HW+
Jul 05, 2022 -
Why the reverse mortgage industry is friendlier for moms, says industry pro HW+
Jul 04, 2022 -
Financial planner: reaction to bear market depends on closeness to retirement HW+
Jul 04, 2022 -
Recent reverse mortgage industry entrants merge, appoint new CEO HW+
Jun 30, 2022 -
FAR earns 2022 Great Place to Work certification HW+
Jun 30, 2022