MMI Fund

Podcast E638: Time to Move Out of MMI Fund

Shannon Hicks
Unable to use the embedded player? Listen here. New FHA Commissioner calls  to remove HECM from FHA MMI Fund The HECM likely needs to be removed from FHA’s Mutual Mortgage Insurance Fund to stop traditional mortgage borrowers from subsidizing losses. Other Stories: The DOJ files complaint against lender for decade-old

HECM Changes in 2019: Inspector General’s Report Provides Clues

Shannon Hicks
 Inspector General report points to specific risks In October HUD’s Office of the Inspector General released their report which telegraphs what changes to the HECM we may see in 2019. If you were to ask ten HECM professionals what their outlook was for 2019, you would likely get ten

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