Reverse Mortgage AssociationInverse Mortgage Association
Mr. Hübner has advised and executed clients on price setting, lending exposures transfers, lending exposures reservations, portfolios exposures managements, lending exposures modelling and validations and housing policies.
In addition, he has acted as senior advisor to many of the firm's functions, which include front-end and back-end CRT, lending operations, lower cover mortgage insurances and reverse mortgage lending. Mr. Becker has broad expertise in helping banking customers implement strategy technology such as information warehouse, predictive analytics, enterprise intelligence, governance and assets lifecycle services.
He has written a number of papers and papers on mortgage insurances, reinsurances, reverse mortgage, mortgage transfers and equity modelling. Speaking on these and other issues at many major sector gatherings, among them the Mortgage Bankers Association, the American Bankers Association, the National Reverse Mortgage Loan Association.
Hypothekenkohorten credit loss analysis as of September 2010, U.S. Treasury, April 1, 2011.
interactive data provides independent evaluations for reverse mortgage-backed assets.
interactive Daten Corporation (NYSE: IDC), a leader in the provision of finance markets information, analysis and related services, today announces that its price and reference information businesses now provide day-to-day stand-alone valuations of HMBS (Fixed Income Reverse Mortgage Backed Securities) under the Government National Mortgage Association (GNMA) Home Equity Conversion Mortgage (HECM) programme.
The programme is intended to make available cash for the repayment of mortgage creditors. One of the first companies in the sector to deliver day-to-day, fixed-rate GNMA-HMBS reporting. reverse mortgage lending offers an alternate to conventional home equity lending for home owners who are trying to monetise the capital in their houses.
Given that the infant boomers are reaching pensionable ages, they are likely to turn to the capital in their houses to generate additional income during this lifetime. GNMA HMBS issued approximately $8.5 billion in 2009, an increase of more than 600% over 2008.* GNMA has indicated that it anticipates HECM origins to grow by 25-30%.** Despite these enhancements, GNMA HMBS owners were asked to find unbiased valuations for these stocks.
Owners who previously depended on brokers' quotations or a trader's information to evaluate the actual fair value can now take advantage of GNMA-HMBS subscription pricing for independently written GNMA -HMBS rates with interest rates set as inputs to their valuation processes.