Page 2 - John Lunde News Today

As talk of a government shutdown is heats up, RMD takes a look at what could happen to the reverse mortgage business if one takes place.

Reverse mortgage performance metrics were stronger in August, but there are caveats: case number assignments, rates and HMBS pools.

The 10-year CMT rate will jump this week by 18 basis points, leading to lower HECM PLFs. RMD asked industry experts for their reactions.

Retail HECM volume powered past wholesale figures in June as industry leaders continue to find a new status quo following major M&A deals.

HECM volume rose in July with some interesting results, while HMBS issuance continued facing challenges according to new industry data.

HECM retail loans outpaced the wholesale channel in May as the industry continues to focus on new loan production.

The dust from recent M&A deals have begun to settle, but reverse mortgage volume isn't out of the woods yet, according to RMI.

Reverse mortgage endorsement volume and HMBS issuance posted gains in May, while refis remain a fraction of pandemic levels.

Reverse mortgage volume saw a large drop in April, but HMBS issuance hit a high for the year during the same month, according to new data.

As the company merger transactions played out in March, HECM endorsement volume saw a notable spike while HMBS issuance dipped.