Spring Brings a Rise in Reverse Mortgage Endorsements

by Chris Clow

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Home Equity Conversion Mortgage (HECM) endorsements rose by a figure of 12.7 percent to 2,901 loans for the month of April 2019. This figure is the first in several months not to be accompanied by the disruptive statistical noise generated by the 2018-19 partial federal government shutdown, according to the April HECM Lenders report compiled by Reverse Market Insight (RMI).

Full story at https://reversemortgagedaily.com/2019/05/05/spring-brings-a-rise-in-reverse-mortgage-endorsements/