Reverse starts to feel the rate shockwave

On today’s episode, Editor in Chief Sarah Wheeler talks with Chris Clow, editor of Reverse Mortgage Daily, about the effects of rising mortgage rates on the reverse space. The two talk about falling volume and how lenders are adapting, including industry layoffs.

Articles related to this episode:

• Updated: Three major reverse mortgage lenders make changes to private products due to market volatility
• Reverse mortgage retail segment leads April volume drop
• Reverse mortgage professionals see rising interest in private products

HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by Sarah Wheeler and produced by Elissa Branch.