Items Tagged with 'MMI FUND'

ARTICLES

  • Should reverse mortgages be pulled from FHA's MMI Fund?

    Experts say yes, and here's why
    The FHA’s recent report to Congress on the health of its flagship insurance fund revealed the HECM’s continued drain, renewing calls from some to remove reverse mortgages from the Mutual Mortgage Insurance Fund. The Urban Institute’s Laurie Goodman and Edward Golding explained to HousingWire why separating the two portfolios makes sense.
    Read More
  • HUD Inspector General: Department has serious management challenges

    Report says problems plaguing the agency are costing taxpayers millions
    The Department of Housing and Urban Development is facing serious management challenges that are causing longstanding performance and accountability issues. An annual report released by HUD's Office of Inspector General outlines the top six management challenges facing the agency in 2019, and the details aren’t pretty.
    Read More