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Single family homes on the market. Updated weekly.Powered by Altos Research
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30-Yr. Fixed Conforming. Updated hourly during market hours.
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HMBS

Latest Posts

HMBS: True Sale Issues Remain 

Sep 25, 2012By

The one constant in the reverse MBS arena since I entered the market in 2006 is change. There haven’t been many dull moments! The main issue continues to be the concern that GNMA issuers are not receiving “true sale” upon the origination and sale of securitized HECMs. Obviously, you cannot have a viable, sustainable securitization program without achieving a true-sale accounting and one hopes these matters get resolved in D.C. sooner rather than later. There is no private market solution to fall back on as the non-agency securitization market is still in a coma.I would guess that the holders of

3d rendering of a row of luxury townhouses along a street

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