How the top 10 reverse mortgage lenders were remade in 2023
RMD looks back at how the reverse mortgage leaderboard went through a rapid evolution in 2023, reshaping the top players.
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RMD looks back at how the reverse mortgage leaderboard went through a rapid evolution in 2023, reshaping the top players.
November saw a reverse mortgage endorsement drop absent case number assignment data, while issuance was nearly level with October data.
HECM volume was flat in October, according to RMI data, while HMBS issuance fell again, based on data from Ginnie Mae and New View Advisors.
The rate environment, lagging case numbers and an issuer pooling four months’ worth of production combined into a lopsided metric picture.
A last-minute government funding deal means the reverse mortgage industry has less of a headache to deal with for the next 45 days.