The Ticker
What 2013 will bring for reverse mortgages
1/14/13 1:42pm
Within the next 30 days, the reverse mortgage industry will likely have lost its most popular product as the fixed rate HECM standard becomes a thing of the past, Reverse Mortgage Daily reports. On the surface, this would appear a dramatic shift in the business, but it may not necessarily mean such major change for originators or the borrowers served by the product.
