Update includes coverage of HELOC and HECM asset types
The Fed’s decision to raise interest rates will be felt in the reverse space – but how severe will the shock be?
Reverse mortgage volume continued to drop in November, although some of the top markets were up month over month
Industry leaders say reverse lenders need to collect data on borrowers who are falling through the cracks in order to help broaden the HECM credit box
Despite 2016 being one of the slowest fiscal years for reverse mortgages in a decade, HECM loans hit a major milestone last month
Many Americans have most of their net worth tied up in their homes – and it only makes sense to tap that equity in retirement, many financial planners are coming to believe
HECM volumes are trending lower this year, with steep drops in many areas of the country
While reverse mortgages can help seniors supplement regular retirement income, they’re also handy for covering expenses seniors might not otherwise be able to meet