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Fha Report: Clearly Strong Despite Shaky Hecm Data | AutoTraffic

FHA Report: 'Clearly Strong' Despite Shaky HECM Data

The Federal Housing Administration (FHA) gave itself a mostly positive health report in its 2018 Annual Report to Congress, claiming that its’ financial viability was “clearly strong” and that the ... read more

2024 MMI report: HECM remains in the black

This is despite the fact that overall HECM volume declined in FY 2024 when compared to data from one year earlier. FHA endorsed 26,501 HECMs totaling $13.36 billion in maximum claim amount (MCA ... read more

[Updated] 2023 MMI report: HECM book stays in the black ... - HousingWire

The HECM cash flow net present value in 2023, which is a measure reported to Congress by the U.S. Department of Housing and Urban Development (HUD), was estimated to be $6.742 billion, according ... read more

FHA finances recover despite further reverse mortgage losses

The reverse mortgage product presents greater risks to the agency than conventional mortgages, including higher interest rates and more borrowers defaulting on loans. Reverse mortgages have continued ... read more

FHA's capital buoyed by house price appreciation despite higher ...

Generally, the FHA’s mortgage fund owes much of its success in 2020 to strong house price appreciation, which “eclipsed other negative economic developments,” Wade said, and added that the FHA’s ... read more

FHA announces update and consolidation of the HECM program

On October 31, the Federal Housing Administration (FHA) announced, after a multi-year effort, the inclusion of policies for its Home Equity Conversion Mortgage (HECM) program in the Single-Family ... read more
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