The Reverse Mortgage Market Index rose to a new peak in Q3 2020. Click through to learn what this means for the industry.
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HECM Volume Up 37.5% in 2020
Home Equity Conversion Mortgage (HECM) endorsements were up 15.1% year-over-year in December to 4,097 loans, according to new data from Reverse Market Insight. For calendar year 2020, HECM volume recorded an annualized increase of 37.5% to 44,661 loans. Eight of ...
Read More »What’s Happening With Reverse Mortgage-Backed Securities?
Home equity conversion mortgage-backed securities supply took a bit of a dive in March 2018, dropping by over $200 million month-over-month. That’s according to a new report by New View Advisors, “a financial services firm advising clients on capital markets, ...
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