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Out-of-State Relocations for Retirees at Five-Year High

Nearly 400,000 American retirees moved their residences during 2020, the highest number in five years. According to a data study by the moving services website HigherAHelper.com analyzing the latest U.S. Census Bureau’s Current Population Survey, the number of relocating retirees ...

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HECM Volume Up 37.5% in 2020

Fitch Ratings

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 ...

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