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Slumping Retail Production Drags Down Reverse Mortgage Volume 

Jun 14, 2016By

Reverse mortgage volume sunk deeper into its decline in April, following a 1% drop in total endorsement volume from the previous month. Except this time around, the monthly decrease was driven by a reduction in retail reverse mortgage production, recent industry data indicates. Home Equity Conversion Mortgage (HECM) endorsements fell to 4,240 loans in April, […]