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Reverse mortgage volume falls to 13-year low

Reverse mortgage endorsements have dropped 15.5% in June from the previous month, hitting a low the industry hasn’t seen since 2005, according to data analytics firm Reverse Market Insight ... read more

HUD Reverse Mortgage Changes Hit Originators Hard, Volume Falls

Concurring with recent data showing the reverse mortgage industry’s decline in volume following substantial program changes implemented in October 2017, many individual originators claim their ... read more

Reverse mortgage volume and securities issuance trend lower in December - Yahoo Finance

Reverse mortgage endorsement volume and securities issuance ended 2023 — already a challenging year for the industry — on a low note. ... Endorsement volume falls slightly. read more

CFPB Issues Warnings On Reverse Mortgage Marketing

The report said, “Nearly three-quarters (74%) of reverse mortgage direct mail advertising volume went to consumers with low and moderate incomes (household income below $75,000) in 2021-2022. This ... read more