Reverse mortgage professionals weigh in on 2024's new HECM limit
While most industry professionals see a new reverse mortgage limit as a positive development for 2024, the attitude is not universal.
Source: reversemortgagedaily.com
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NRMLA re-elects Norman, Kent as co-chairs for 2023-2024 term
Norman and Kent will continue to serve as co-chairs for the NRMLA Board of Directors into a new term ending in late 2024.
Source: reversemortgagedaily.com
Reverse mortgage volume fell while HMBS issuance rose slightly in September
The rate environment, lagging case numbers and an issuer pooling four months’ worth of production combined into a lopsided metric picture.
Source: reversemortgagedaily.com
Once controversial, financial assessments prove valuable, reverse experts say
While initially controversial, the financial assessment has materially reduced reverse mortgage defaults according to New View Advisors.
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