A study commissioned by the U.S. Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed to assess the state of the Home Equity Conversion Mortgage (HECM) program over a 20-year period.

Released late last year, the study examined three core elements of HECM program effectiveness between 2000 and 2020. It was conducted by analytics firm SP Group LLC and its subcontractor Econometrica Inc.

RMD already examined the study’s sections related to borrower trends and various program policy impacts, but the section on economic impact attempts to details ⇒

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