Even with tight inventory and sellers netting record profits, a new poll has found that seniors are choosing to stay in their homes, citing sentimental value over monetary worth.
Read More »How Much Did HECM Volumes Increase in 2020?
AAG led the industry in origination volume, with 14,434 loans originated in 2020. Click through to learn how the rest of the industry fared.
Read More »Robust Reverse Mortgage Market Expected Through 2020
Find out what factors are leading to “a steady upward trend in HMBS issuance all year.” Click through to learn more.
Read More »Impact of Coronavirus on Reverse Mortgage Industry
One professional said of working in this current climate: “This is a crazy time.” Read more on how the industry is preparing to work with seniors during this crisis.
Read More »HECM Endorsements Report Decline
Click through to see how far the drop was for the reverse mortgage market at the end of 2019.
Read More »Presidential Candidates Address Reverse Mortgages
With housing issues a key focus for several presidential candidates, click through to learn what President Trump and White House hopefuls Michael Bloomberg, Bernie Sanders, and Elizabeth Warren have said about home equity conversion mortgages.
Read More »New York Signs Reverse Mortgage Bill into Law
The new bill takes aim at “deceptive practices” from mortgage lenders. Click through to read more on Assembly Bill A5626.
Read More »Reverse Mortgages See Best Month Since 2018
While the market is the best it's been in more than a year, questions surrounding interest rate could determine if it will continue.
Read More »A New Way for Older Homeowners to Build Equity
New information details the benefits of having a reverse mortgage for seniors. Click through to read more.
Read More »SEC Charges Execs of Reverse Mortgage Company With Fraud
The complaint alleges CEO fraudulently inflated the value of its reverse mortgage portfolio. The company’s bond portfolio rose from $71 million to $570 million.
Read More »