Global demand for $270m securitisation of ‘flourishing’ reverse mortgages Household Capital claims there is such “steadily growing” interest from institutional investors in these issuances that it plans to tap the market annually.

Strong backing from global insurance, superannuation, banking and credit fund investors for reverse mortgage specialist Household Capital’s $270 million securitisation’s reflects underlying institutional investor confidence in the sector, according to industry specialists. The mortgage securitisation, which was dual rated by Moody’s and S&P Global, was based on an underlying portfolio loan-to-value ratio of less than…

Will US Housing Crash The Economy? Maybe it’s different this time. A slowdown in US construction activity has preceded broader slowdowns in the past. Welcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Could US Housing Crash The…

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**The owner(s) retain title to the property that is the subject of the reverse mortgage until the person sells or transfers the property and is therefore responsible for paying property taxes, insurance, maintenance and related taxes. Failing to pay these amounts or failure to maintain the condition of your property may cause the reverse mortgage to become due immediately. A reverse mortgage is a complex loan secured by your home. Whether such mortgage makes sense for you depends on your financial situation and needs. For these reasons, you are required to consult with a qualified independent housing counselor and include family members and other trusted advisers before making this decision. This information is not from HUD or FHA and was not approved by HUD or any government agency.

Global demand for $270m securitisation of ‘flourishing’ reverse mortgages Household Capital claims there is such “steadily growing” interest from institutional investors in these issuances that it plans to tap the market annually.

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