Reverse mortgage endorsement volume and securities issuance saw a noticeable rise in May according to data analysts, but it comes with the continued caveat about high levels of refinance volume bolstering the industry.
A new survey reveals statistics related to Americans’ savings during the pandemic, which could impact retirement plans for many.
Reverse Market Insight (RMI) President John Lunde sits down with RMD to discuss the state of reverse mortgage industry volume, and the effect of refinances in a new episode of The RMD Podcast.
Just under a third of residential homes in the United States are “equity rich,” showing continued resiliency of the housing market in the wake of COVID-19 according to a new report from ATTOM Data Solutions.
According to 2020 research by Ohio State University professors, older Americans who tap home equity increase their adherence to their medications, which can have broader significance for improving their retirement security.
A new survey conducted by AAG reveals some surprising statistics about the state of American retirement in the wake of the economic crisis caused by the COVID-19 coronavirus pandemic.
April 2021 proved to be a generally strong month for the reverse mortgage business, in spite of a very slight reduction in HECM volume. Still, one analyst cautions against excessive refinances on newly-originated HECMs.
Though wholesale and retail reverse mortgage volume dropped slightly in February, total monthly volume remains above 4,000 loans as a new player enters the top 10.
Property taxes rose over 5% in the United States in 2020, varying wildly between states at the highest and lowest ends of the property tax levying spectrum.
Both reverse mortgage endorsement volume and HMBS issuance recorded increases in March, on the heels of positive HECM program news in the MMI Fund. RMD speaks with an industry analyst about these developments.