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Most Top-10 Lenders See Reverse Mortgage Slump Near Year’s End 

Jan 27, 2015By

Following notable home equity conversion mortgage (HECM) endorsement growth in October 2014, nine out of the top-10 reverse mortgage lenders experienced a decline in volume in November, according to the latest Reverse Market Insight (RMI) report.  “The industry was down overall in the month, so it makes sense that many lenders would be down as well,” […]