Items Tagged with 'reverse mortgage volume'

ARTICLES

  • Reverse mortgages see near-even decline in wholesale, retail

    January data details volume dip
    Reverse mortgage volume dropped 5.7% industry-wide in January, with wholesale and retail experiencing similar declines. According to the latest data from Reverse Market Insight, the wholesale channel fared best with a 5.3% dip, while retail declined 6%. In all, the industry closed 1,649 loans that month.
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  • HECM data suggests worst may be over

    Volume sees second month of consecutive growth
    Reverse mortgage endorsements rose 9.9% from July to August, according to the latest data from analytics firm Reverse Market Insight. The slight uptick marks the second month of growth for the industry, and it may be a sign that the market is finally forging a path toward recovery.
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