• Sign In
  • Create Account
  • Sign Out
  • My Account
Cart
  • Inside Mortgage Finance
  • MBS & ABS
  • The GSEs
  • The CFPB
  • Mortgage Trends
  • FHA/VA Lending
  • Nonconforming Markets
  • Data
    • Subscribe to Data
Home » MMIF Value, Capital Ratio Decline in FY 2017 Due to Rising HECM Claims; Calls to Remove Program from Fund Increase
Looking to read the full article? Subscribe today!

MMIF Value, Capital Ratio Decline in FY 2017 Due to Rising HECM Claims; Calls to Remove Program from Fund Increase

November 16, 2017
The Mutual Mortgage Insurance Fund’s economic net worth and capital reserve ratio declined in fiscal year 2017 due to losses in the FHA Home Equity Conversion Mortgage portfolio caused by rising claims, according to the agency’s annual report to Congress released this week. While the fund remains above its minimum capital level, both the economic net worth and the capital ratio fell from levels at the end of fiscal 2016, the report said. Specifically, the fund’s…
News Inside Mortgage Finance Inside FHA/VA Lending Mortgage Insurance Government-Insured Originations
Purchase this article for $55.00
Subscribe To The Newsletter

Latest Imf News

  • Nonbanks Keep Growing MSR Share, Delinquencies a Potential Concern

  • FoA Affiliate Inks Deal to Sell Title Division

  • Ginnie SVP Has a Sympathetic Ear for Struggling Nonbanks

  • More Banks Expected to Pull the Mortgage Plug

More Imf News

Featured Data

  • CLO Market Ends 2022 with Modest Decline in Issuance

  • Mortgage Lending Still in Collapse Mode at 2022 Finish Line

  • Consumers Filed Fewer Mortgage-Related Complaints in 2022

  • PennyMac Leads Ginnie Issuers as Bottom Falls Out

More Featured Data

Featured Reports

  • GSE Repurchase Activity: Cumulative to Second Quarter 2022 (PDF Format)

  • Top Mortgage Players 3Q22 (PDF Format)

  • Agency Channel Analysis: 3Q22 (PDF)

  • IMF HMDA Dashboard: 2021

More Latest Reports

Featured Poll

Sales of bulk mortgage servicing rights are at a fever pitch these days. Has your shop gotten in on the buying frenzy?

View Results
  • About
    • About Inside Mortgage Finance
    • Contact Us
    • Advertising
    • Privacy Policy
    • Article Reprints/Web Postings
    • Copyright FAQ
  • Customer Center
    • Subscribe
    • Request a Sample
    • Account Inquiries
    • Change of Address
    • Change of Delivery Method
    • Data Licensing
    • Password Reminder
    • Group Subscriptions
    • Refunds
    • Renew Your Subscription
  • Mortgage Data
    • Origination
    • Servicing and Portfolios
    • Mortgage Insurance
    • Securitization
    • Agency MBS Activity
    • Non-Agency MBS Activity
    • MBS Investor Activity
    • ABS Activity
    • Commercial MBS Activity
    • Funding Activity
    • Earnings and Financials
    • Regulatory Data
    • Mortgage Rates and Terms
    • Subscribe to Data
    • Lender Profiles
    • HMDA Dashboard
    • Contacts Directory
    • Custom Data
    • Data Licensing
  • Reports
    • Data Reports
    • Industry Studies
    • Regulatory Reports
    • Statistical Annual
    • Free Reports

© Copyright 2023 Inside Mortgage Finance Publications
Design, CMS, Hosting & Web Development :: ePublishing