Items Tagged with 'HECM MARGINS'

ARTICLES

  • Lender margins on reverse mortgages are finally making a comeback

    Data suggests lenders are adjusting to a new normal after a rough 2018
    Margins on adjustable-rate reverse mortgages have continued to inch higher after a nine-month descent that began last March, suggesting that perhaps the industry is beginning to recover after a rough year and a half. According to Baseline Reverse’s Dan Ribler, margins are trending upward and lenders are feeling a bit more positive about the business.
    Read More
  • HECM margins increase for the first time in a year

    December sees margins inch upward
    Margins on adjustable-rate reverse mortgages increased in December for the first time in 12 months, according to Baseline Reverse’s latest Margin Report. Lender margins for the month averaged 1.98% in December, up from November's adjusted average of 1.95% and marking the first time margins have reversed the downward trajectory they've experienced throughout 2018.
    Read More
  • HECM margins hover in 2% range

    Market finds competitive footing after volatile year
    Margins on adjustable-rate reverse mortgage loans averaged 1.96% in November, according to Baseline Reverse's latest Margin Report. This represents only a slight dip from previous months and suggests that margins have stabilized as lenders adjust to product changes.
    Read More
  • HECM margins remain stable at 1.98%

    Reverse mortgage lenders find balance after a tough year
    Margins on adjustable-rate reverse mortgage loans averaged 1.98% in October, according to HECM analytics provider Baseline Reverse. "We continue to see stabilization around the 2% margin as the market appears to have found its competitive footing," said Baseline President Dan Ribler.
    Read More