The Positive Capital Ratio for the HECM Program Is No Time for Complacency

In their recent article for Reverse Mortgage Daily, Gate House Founding Partners Brian Montgomery, Keith Becker and Dror Oppenheimer discuss the implications of the first positive capital ratio for the HECM program in six years. The Gate House team, who worked together at the Federal Housing Administration managing the HECM program, provided their unique perspective and explained … Read More

FHA Should Prepare for the Next Storm, Hold Steady on Premiums

Gate House Chairman Brian Montgomery and CEO Keith Becker recently opined in the M Report on the favorable condition of the FHA Mutual Mortgage Insurance Fund. In their article, Montgomery and Becker argue that FHA must be prepared to weather adverse events in the future similar to the wake of the Financial Crisis in 2008 or the COVID-19 … Read More

HECM Program Has Evolved as Secretary Held Has Grown, Servicing Challenges Rise

Gate House Chairman Brian Montgomery recently spoke with Chris Clow of Reverse Mortgage Daily to discuss HUD’s reverse mortgage (Home Equity Conversion Mortgage or “HECM”) program and the impact of that program in the recent budget request.The growth in the Secretary-held HECM portfolio which has been significant in recent years, and the challenges presented to servicing that … Read More

Two Weeks On

Happy Friday. After completing a remarkable first two weeks for Gate House Strategies, I wanted to take this opportunity to thank everyone with whom we’ve had the pleasure of engaging and many others who have been in touch.   Already, the firm has forged meaningful partnerships with longtime colleagues in the housing market and beyond, rekindled … Read More

Opportunities and challenges abound in affordable housing: Advice needed

Few issues are more salient to the challenges our country faces today than the shortage of decent, safe, affordable housing. As became abundantly clear during the COVID-19 pandemic, our homes are the foundation of much of our lives, they have a profound effect on our health and well-being, and impact our education and productivity, as … Read More