March 15, 2025

Reverse Market Insight

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

Reverse mortgage volume and HMBS issuance improve in April

The refi market continues to be anemic as higher rates are persisting, with refi volume dropping 3.4% compared to the prior month. Seven of the top nine lenders recorded gains in April, with Plaza Home Mortgage, Liberty Reverse Mortgage/PHH and Guild Mortgage standing out for their gains between 36% and 48%. When asked about whether

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