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Reverse Mortgage

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Reverse Mortgage Volume Falls to 2005-Era Lows 

Jul 05, 2018By

Reverse mortgage volume continued on a downward trajectory in June, falling 15% relative to May endorsements, according to Reverse Market Insight. With a total tally of 2,838 Home Equity Conversion Mortgages endorsed in June, volume is at its lowest monthly level since May 2005, RMI noted in its monthly commentary. Many have speculated about the “new […]