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HECM

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New Reverse Mortgage Originations Top $12 Billion Through Q3 2015 

Jan 03, 2016By

Reverse mortgage lenders funded $12.3 billion of new Home Equity Conversion Mortgages (HECMs) during the first nine months of 2015, according to a recent analysis of Federal Housing Administration (FHA) data. The origination volume throughout the first three quarters of 2015 represents a 22.2% increase from the same period in the prior year, according to […]