Items Tagged with 'department of housing and urban development'

ARTICLES

  • 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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