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Reverse Mortgage Funding

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Retail Volume Slumps, Hits Brakes on Reverse Mortgage Momentum 

Mar 15, 2016By

Reverse mortgage volume didn’t so much kick-off 2016 as it sluggishly rolled into the new year with some disappointing numbers, particularly from the retail origination side, according to recent industry data. Overall Home Equity Conversion Mortgage (HECM) endorsements fell 8% in January 2016 from the previous month—a decline propelled by a 12.9% plummet in retail […]