New MBA securities proposal mentions HMBS 2.0 as ‘logistical template’
Housing Wire
DECEMBER 13, 2024
could serve as a logistical template for such a product. Instead, it would be similar to Ginnie Mae HMBS (backed by FHA -insured reverse mortgage loans), where the investor is paid an accrued sum at the time the loan resolves. This is partially aligned with some of the stated goals offered up by Ginnie Mae for HMBS 2.0,
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