MBA securities proposal mentions HMBS 2.0 as ‘logistical template’

MBA securities proposal mentions HMBS 2.0 as ‘logistical template’

The Mortgage Bankers Association (MBA) this week published a proposal for Ginnie Mae to develop a new mortgage securitization product that could boost the availability of private capital liquidity sources into the... Read more »
Ginnie Mae’s Sam Valverde on the mission of the reverse securities program

Ginnie Mae’s Sam Valverde on the mission of the reverse securities program

Ginnie Mae has taken a far more active role in the reverse mortgage industry over the past two years, stemming from the failure of a major industry lender that threatened liquidity for... Read more »
Reverse mortgage volume, securities issuance fall in February

Reverse mortgage volume, securities issuance fall in February

Despite feelings of optimism expressed by loan originators in the opening weeks of 2024, the road to more normalized levels of reverse mortgage volume and securities issuances may be longer than expected.... Read more »
Here are the top 10 reverse mortgage securities issuers for 2023

Here are the top 10 reverse mortgage securities issuers for 2023

Despite looking a bit different at the end of 2023, there were a lot of similarities in the full-year Home Equity Conversion Mortgage (HECM)-backed securities (HMBS) issuance tables when compared to recent... Read more »
Reverse mortgage volume and securities issuance trend lower in December

Reverse mortgage volume and securities issuance trend lower in December

When assessing December’s Home Equity Conversion Mortgage (HECM) volume data for December 2023, Reverse Market Insight (RMI) used a choice word as the title for its commentary: “thud.” Amid an already challenging... Read more »

FHFA issues final rule on commingled securities for GSEs

The Federal Housing Finance Agency (FHFA) on Tuesday published a final rule that amends several provisions of the Enterprise Regulatory Capital Framework (ERCF) for government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.... Read more »