The reverse mortgage industry could begin seeing some benefits of lower interest rates, but endorsement volume and securities issuance largely continued its trend from the prior month. Home Equity Conversion Mortgage (HECM)... Read more »
After a few months of downward data in its performance metrics, the reverse mortgage industry saw a slightly different story play out in March that should come as welcome news. Home Equity... Read more »
Despite feelings of optimism expressed by loan originators in the opening weeks of 2024, the road to more normalized levels of reverse mortgage volume and securities issuances may be longer than expected.... Read more »
With ongoing liquidity challenges and a continuing lag in Home Equity Conversion Mortgage (HECM) case numbers, reverse mortgage business in 2024 started off with a bit of a whimper. Both HECM endorsements... Read more »
When assessing December’s Home Equity Conversion Mortgage (HECM) volume data for December 2023, Reverse Market Insight (RMI) used a choice word as the title for its commentary: “thud.” Amid an already challenging... Read more »