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Reverse Mortgage Investor Market Sees HREMIC Issuance up 17%
Jul 02, 2013The issuance of HREMICs, or the real estate mortgage investment conduits comprising reverse mortgage securities, saw an uptick of 17% during the first half of 2013, according to the latest Ginnie Mae data compiled by New View Advisors. Use of the HREMIC for reverse mortgage investments has been on the rise, totalling $3 billion in the […]
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