July 2, 2024
Mortgage

Reverse mortgage volume, securities issuance improve further in May

HECM volume spikes, but case numbers are flat The pace of endorsement growth has notably increased this year, but the flatness of April’s case number assignments could result in volume slowdown in the months ahead, according to RMI’s newest HECM Lenders report. Good numbers are always encouraging but must be taken in concert with broader

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Mortgage

What To Know About Reverse Mortgages—From Taxes To Impact On Benefits

Smiling elderly mature family couple putting signature on agreement with real estate agent getty It feels like everything costs more these days—and some homeowners are looking for ways to increase cash flow without invading retirement assets. One way to do that? Reverse mortgages. Reverse mortgages are a creature of federal law. As part of the

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Mortgage

One year after expansion, Guaranteed Rate remains bullish on reverse mortgages

Increased adoption When asked about how reverse mortgage business is going in the first half of the year, Ogata said that he’s happy with the division’s performance and its ability to enlist the company’s forward mortgage professionals to take a closer look at reverse. Ryan Ogata “I’d say in the last two or three months

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