REVERSE MORTGAGE DATA

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Reverse mortgages see near-even decline in wholesale, retail

Mar 14, 2019By

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.

3d rendering of a row of luxury townhouses along a street

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