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“Cash is king”
“He who has the gold makes the rules”
These two well-worn sayings accurately capture the current state of the reverse mortgage industry, as both warehouse lines and secondary market liquidity continue to be under pressure for the reverse mortgage corner of the market. In many ways this seems entirely
No HECMs were endorsed in October, so November’s figures are inflated relative to a normal month due to the delays resulting from the government shutdown. With that said, we are
No HECMs were endorsed in October, so November’s figures are inflated relative to a normal month due to the delays resulting from the government shutdown. With that said, we are
HECM endorsements rose 7.2% in September to 2,211 loans, bouncing back from a weak August total. The regions were generally higher, with 6 of the 10 showing gains: The top
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