Items Tagged with 'REVERSE MORTGAGE VOLUME'

ARTICLES

  • Reverse mortgages close out 2018 on a tough note

    Is this the new normal?
    It’s been a brutal year for the reverse mortgage industry – and that’s saying something considering everything the industry has been through. Now, constrained by new guidelines that make a reverse mortgage less beneficial, is the industry destined to embrace a business that operates with less volume? Is this the new reality? Experts weigh in.
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  • Reverse mortgage volume plunges 31.4%

    Industry sees second consecutive month of 14-year lows
    The reverse mortgage program can't seem to find its footing in the wake of program changes issued in October 2017. Since the endorsement totals began to reflect the new guidelines, volume has been shaky, but so far, December takes the cake, closing out with a steep 31.4% decline – a low the industry hasn't seen since January 2004.
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