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Reverse Mortgage

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Reverse Mortgage Lenders Have ‘Long Winter’ of Declines Ahead 

Apr 15, 2018By

Issuers of Home Equity Conversion Mortgage-backed securities (HMBS) saw the overall supply drop by $200 million last month, New View Advisors reported — hinting at further troubles to come for the industry at large. “Reverse mortgage lenders face a long winter of reduced volume, primarily due to the new lower principal limit factors (PLFs) for […]