While reverse mortgage endorsements sharply declined in August, HMBS issuance remains high and could be on track to break another full-year record.
The Boston College Center for Retirement Research aims to dive deeper into troubling CFPB data regarding the financial stability of seniors needing to make mortgage payments.
CFPB and U.S. Census Bureau data reveals that older homeowners are increasingly struggling with paying their traditional mortgages on time, and it’s even worse for older borrowers of color and multi-generational households.
The Villages, a planned community located in Central Florida made up entirely of seniors, was the fastest-growing metropolitan area over the past 10 years in the United States according to recent Census Bureau data.
Home equity across the country saw a notable increase in Q2 2021, especially when compared with levels observed one year ago according to a new report from ATTOM Data Solutions.
July brings yet another month of volume at over 4,000 loans, yet concern among analysts remains over reverse mortgage refinance activity.
Industry analyst John Lunde describes for a reverse mortgage audience why reverse mortgage penetration in the broader market remains low, and how an influx of refinances may contribute to that figure.
Breaking out retail and wholesale reverse mortgage endorsement volume from May 2021, it’s clear that the retail side was dominant in a new data release from Reverse Market Insight (RMI).
The NRMLA/RiskSpan Reverse Mortgage Market Index shows another impressive quarterly increase, crossing the threshold of $9 trillion in collective senior housing wealth for the very first time.
Reverse mortgage industry performance data for new endorsement volume and securities issuance are generally strong, though a shadow of concern may be starting to develop in the trends according to analysts who spoke with RMD.