HECM Analysis

In May of 2000, HUD released a comprehensive, 148-page
evaluation of the federally-insured Home Equity Conversion
Mortgage (HECM) program. This definitive analysis

• Reviews the program's history and design

• Profiles the program's borrower, properties, and loans

• Evaluates participation by the financial community

• Discusses the program's counseling program

• Reports on borrower feedback

• Investigates legal and regulatory issues

• Analyzes the program's risk pool

• Discusses data needs & actuarial assumptions

• You can get the complete report at
  www.hud.gov/pressrel/hecmrpt.pdf

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Revised: August 31, 2001.