HECM retail channel outpaces wholesale in May
HECM retail loans outpaced the wholesale channel in May as the industry continues to focus on new loan production.
Source: reversemortgagedaily.com
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Reverse mortgage volume increases by nearly 25% in June
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.
Source: reversemortgagedaily.com
Reverse volume and HMBS issuance inch up as refi levels stay low
Reverse mortgage endorsement volume and HMBS issuance posted gains in May, while refis remain a fraction of pandemic levels.
Source: reversemortgagedaily.com
Reverse volume drops nearly 50% in April, but there's a catch
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.
Source: reversemortgagedaily.com
Spike for HECM endorsements as HMBS issuance dips
As the company merger transactions played out in March, HECM endorsement volume saw a notable spike while HMBS issuance dipped.
Source: reversemortgagedaily.com