Longbridge Financial

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Private Reverse Mortgage Volume Inches Closer to HECM 

Jan 06, 2020By

While Home Equity Conversion Mortgage-backed securities (HMBS) production fell by 14% in calendar year 2019, the additional origination of proprietary reverse mortgages could make the amount of loans backed by new collateral roughly equal to figures recorded in 2018. Additionally, data indicates that a quarter of new origination dollars come from the proprietary reverse mortgage […]

3d rendering of a row of luxury townhouses along a street

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