Industry Leader Update: Credit downgrade & HECM markets - HECMWorld.com Skip to content
Advertisement

Industry Leader Update: Credit downgrade & HECM markets

Advertisement

[vimeo id=”27639744″ width=”601″ height=”338″]
The US government got a slap of reality when S&P (Standard & Poors) downgraded the nation’s credit rating. How does this effect the secondary (investor) market for HECMs (reverse mortgages)?

The effect is anything but dire…in fact it’s had investors eyeing HMBS (HECM Mortgage Backed Securities) as a more attractive investment. It’s a short-term and modest gain for the secondary market of reverse mortgages in the wake of this historic change for our nation’s credit worthiness.

Share:

Leave a Comment

No comment yet, add your voice below!


Add a Comment

Your email address will not be published. Required fields are marked *

Must Read:

Advertisement
Advertisement
Advertisement

Recent Stories

Topics

Subscribe to join our World

Get the latest reverse mortgage news delivered straight to your inbox.Â