MMI Fund

Is the HECM Durable or a Drain?

Shannon HicksDecember 14, 2020December 13, 2020

by Shannon HicksDecember 14, 2020December 13, 20204 1917

Without audience targeting are Google Ads Dead? Think again… Early this month Google announced new restrictions for targeting specific audiences. The restrictions apply to content related to housing, employment, credit, and those who are disproportionately affected by societal biases. The news of these restrictions created quite a stir among

Why California is the future of the HECM Fund

Shannon HicksNovember 23, 2020November 22, 2020

by Shannon HicksNovember 23, 2020November 22, 202001375

Without audience targeting are Google Ads Dead? Think again… Early this month Google announced new restrictions for targeting specific audiences. The restrictions apply to content related to housing, employment, credit, and those who are disproportionately affected by societal biases. The news of these restrictions created quite a stir among

Podcast E638: Time to Move Out of MMI Fund

Shannon HicksOctober 5, 2020October 2, 2020

by Shannon HicksOctober 5, 2020October 2, 202001182

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 HicksDecember 17, 2018December 17, 2018

by Shannon HicksDecember 17, 2018December 17, 201812620

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

Tip of the Iceberg: HECM Occupancy Abuses

Shannon HicksDecember 3, 2018December 2, 2018

by Shannon HicksDecember 3, 2018December 2, 20187 9104

HECM abuses when borrower no longer occupies the property pose risk to FHA’s MMI fund How quickly are HECM properties sold or called due and payable when the last borrower has died or moved out? More importantly, how many properties with a HECM are sitting on the books for years

2024 HECM Limit Increased: Here’s why

Two reasons for the Fed cut rates in…

HECM Counseling Demystified

FHA’s proposed HECM policy changes: What you need…

MMI Fund

Is the HECM Durable or a Drain?

Why California is the future of the HECM Fund

Podcast E638: Time to Move Out of MMI Fund

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

Tip of the Iceberg: HECM Occupancy Abuses

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