Lenders looking to reverse mortgages to boost profits

On today’s episode, Editor in Chief Sarah Wheeler talks to Chris Clow, editor of Reverse Mortgage Daily, about reverse mortgage volume year to date (it’s way up) and how reverse mortgage business is driving profits for some lenders. The two also discuss the interesting crossover partnership between reverse lenders and shared equity company Point.

HW Media Articles related to this episode:

• Reverse mortgage volume remains above 6,000 loans, HMBS still strong in April
• Reverse mortgage business ‘a driver’ of profitability for Liberty parent company
• Alt. equity company secures new funding, seeks more reverse mortgage partners

HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by the HW team and produced by Elissa Branch.