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NHLT 2016: Nationstar Issues Fifth Securitization of Inactive Reverse Mortgages
Thursday, June 30, 2016 12:17
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Nationstar Issues Fifth Securitization of Inactive Reverse Mortgages Nationstar Mortgage recently issued its latest securitization of nonperforming Home Equity Conversion Mortgages (HECMs), making this the company’s fifth transaction backed by inactive reverse mortgages. Nationstar HECM Loan Trust 2016-2 (NHLT 2016-2) comprises first-lien inactive HECMs covered by FHA insurance to individuals secured by properties in the … Read more
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Source: http://4closurefraud.org/2016/06/30/nhlt-2016-nationstar-issues-fifth-securitization-of-inactive-reverse-mortgages/
