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Mutual Mortgage Insurance Fund

FHA’s MMI Fund Report Explained

Shannon Hicks
[Download full report] [View 1-minute video summary] [Full Actuarial Review]  A look behind the numbers and factors that shaped the FHA MMI Fund Report to Congress A recap of FHA’s and HUD’s media conference call, an examination of HECM risks, and how the value of the fund is calculated.

The HECM May Have to Move Out of FHA’s MMI Fund

Shannon Hicks
Will the HECM move back to the General Insurance Fund? While the overall FHA MMI (Mutual Mortgage Insurance) Fund is showing positive signs of recovery, the HECM portion of the fund has been much more volitaile than the traditional mortgage segment. With the latest actuarial report showing a negative  economic

Is this a Silver Lining?

Shannon Hicks
[ad#Network Funding] Borrowers overwhelmingly choosing Standard Adjustable. Why? [vimeo id=”67430808″ width=”625″ height=”352″] HUD says the reverse mortgage program is generating positive cash flow. That’s good for the short term but does not erase the future liabilities to the mutual mortgage insurance fund for previous years books of HECM business which

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