Reverse mortgage book inside MMI Fund continues to evolve

Reverse mortgage book inside MMI Fund continues to evolve

The report on the Home Equity Conversion Mortgage (HECM) book of business inside the Mutual Mortgage Insurance (MMI) Fund served as another positive development for the program. The estimated economic net worth... Read more »
MMI Fund capital reserve is now 5X larger than required

MMI Fund capital reserve is now 5X larger than required

The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) reported a solid year of financial performance for the Mutual Mortgage Insurance (MMI) Fund, covering FHA’s Title... Read more »
Review of MMI Fund’s reverse mortgage book sheds light on evolving HECM

Review of MMI Fund’s reverse mortgage book sheds light on evolving HECM

The report on the Home Equity Conversion Mortgage (HECM) book of business inside the Mutual Mortgage Insurance (MMI) Fund was another positive overall development for the program, with the estimated economic net... Read more »