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What does HMBS stand for?

HMBS stands for HECM (Home Equity Conversion Mortgage) Mortgage-Backed Security

This definition appears frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of HMBS

Other Resources:
We have 2 other meanings of HMBS in our Acronym Attic

Samples in periodicals archive:

These originators, sponsors and servers have access to HECM loan files.
Much of what we've been hearing tossed around for years now was accomplished with the bill--unifying a national Federal Housing Authority (FHA) loan limit and increasing it to meet Fannie Mae and Freddie Mac, the approval of the home equity conversion mortgage (HECM) purchase, approving the HECM for coops, and decreasing the two-point origination fee to 1.