Reverse Market Insight

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Wholesale and Retail Reverse Mortgage Channels Jump in February, Shutdown Backlog Ends 

Apr 16, 2019By

Home Equity Conversion Mortgage (HECM) endorsements saw a significant jump in February, with total endorsements rising 142.6 percent to a total of 4,000 loans, according to the latest data from Reverse Market Insight (RMI). However, the pronounced spike in endorsements across both the retail and wholesale channels is likely indicative of the remaining effects from […]

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