Browsing Tag:Positive

updated-2021-mmi-report-reverse-mortgage-portfolio-hits-optimistic-territory-for-first-time-since-2015
The Federal Housing Administration's Mutual Mortgage Insurance Fund (MMIF) reverse mortgage portion has a positive equity ratio for the entire government-sponsored portfolio, according to an annual actuarial review of the fund's finances and the FHA's annual report to Congress, both released Monday reached tomorrow. Its net economic value is about $ 3.8 billion, compared to $ 492 million...
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rmf-dad-or-mum-cfo-reverse-mortgage-program-adjustments-internet-optimistic-for-the-trade
The changes made by the US Department of Housing and Urban Development (HUD), the Federal Housing Administration (FHA), the Government National Mortgage Association (GNMA or "Ginnie Mae") and others have resulted in a number of important changes to the the reverse mortgage industry has had to adapt.However, these changes can likely be seen as a "net positive" for the...
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