Following last month’s release of the so-called “skinny budget” from the White House, the Office of Management and Budget (OMB) has released a 1,200-plus page appendix for the proposal. It includes projections related to the performance of the Home Equity Conversion Mortgage (HECM) portion of the Mutual Mortgage Insurance (MMI) Fund.

According to the data — detailing the U.S. Department of Housing and Urban Development (HUD)’s MMI Fund that can found on page 479 of the full document — HECM loan guarantee volume in 2024 stood at $244.8 details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com