General World News

Mutual of Omaha issues $243.3M proprietary reverse securitization

Mutual of Omaha Mortgage is marketing a $243.3 million securitization backed by newly originated proprietary reverse mortgages, according to a presale report published Monday by Morningstar DBRS.

The transaction is backed by 318 reverse mortgages with about $200.1 million in unpaid principal balance, most of which were originated in 2025 and are secured by first liens on residential properties.

The transaction was first reported by Inside Mortgage Finance. A representative from Mutual of Omaha told HousingWire‘s Reverse Mortgage Daily that the company doesn’t have any additional information to provide at this time.

Morningstar DBRS assigned provisional ratings to the notes, details ⇒

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