Reverse Mortgage News

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  • Reverse Mortgage Endorsements Up in 2017, Fallout Likely Coming
    Reverse mortgage lenders handily beat 2016 endorsement totals last year, aided by the rush to lock in principal limit factors ahead of major changes in October, but a predicted crash is close on the horizon. Federal Housing Administration-approved lenders logged 56,912 endorsements during calendar 2017, according to the most recent data from Reverse Market Insight. […]
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