Following its late April implementation, the reverse mortgage financial assessment has been in place nearly 60 days.
Many originators have developed new practices for originating to accommodate the new rules, and others report seeing a large decline in qualifying loans under the financial assessment.
Originators weighed in on early estimates as to how much they anticipated the new rule would affect loan volume, and now RMD wants to learn how much it has actually led to a shift in loan volume for our readers.
Please tell us via the following poll how much the financial assessment has affected your loan volume.
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