In this episode of The RMD Podcast, we’re thrilled to welcome John Lunde, president of Reverse Market Insight (RMI) to discuss the state of the reverse mortgage industry, and some of the factors that could affect it into the near future!
Since the onset of the COVID-19 pandemic last year, the reverse mortgage industry has seen a heightened, sustained level of business in terms of its performance metrics like industry volume and Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) issuance. Are these metrics sustainable? How does increased HECM-to-HECM refinance activity play into the state of the industry? What about the marketplace of proprietary reverse mortgage products?
Listen to this episode of The RMD Podcast to learn:
- What current industry volume levels could mean for the future of the industry
- How RMI and the larger reverse mortgage business has had to change during the pandemic and beyond
- What refinance activity and proprietary volume mean for the industry’s prospects
- Why the business must still strive for greater adoption and new players
- And more!
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