Longbridge Financial

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Reverse mortgage volume declines 

Nov 27, 2018By

The reverse mortgage industry continues to fumble in the wake of last year’s program changes, with new data pointing to a complete reversal of previous indicators of market recovery. According to analytics firm Reverse Market Insight, HECM volume rose nearly 10% in August, only to fall about 10% in September.

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

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