Reverse Mortgage News

Reverse Mortgages Pros

  • Reverse Mortgage Originations Slide 17.3%, Wholesale Takes 28.7% Hit
    Originators of Home Equity Conversion Mortgages saw endorsement figures drop 17.3% in March, according to the most recent figures from Reverse Market Insight — dragged down by a “stunning” 28.7% decline in wholesale originations. The industry, including both Federal Housing Administration-approved and non-approved lenders, logged 4,298 loans in March, representing the second consecutive month of […]
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