It was hoped that Ginnie Mae’s new HMBS 2.0 (a revamped HECM mortgage-backed securities program) would be released in 2024. This week an update on the HMBS 2.0 program’s progress and the role MBS play in reverse mortgage lending.
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2025 is the year to watch for numerous reasons. An incoming presidential administration, the trajectory of inflation, and economic growth or retraction–each contributing to older American’s retirement experienceHere are three things that retirees will want to watch for in 2025.
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Here’s what LA fire victims with a reverse mortgage need to do and how servicers can help.
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