HECM endorsements spike in November amid shutdown backlog
Home Equity Conversion Mortgage (HECM) endorsements saw an artificial increase in November due to the government shutdown, an effect that may continue into December.
Reverse Market Insight
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Reverse mortgage performance was largely steady in May
Reverse mortgage business metrics were largely steady last month, and analysts expect that to hold barring unforeseen challenges.
Reverse mortgage endorsements fell as HMBS issuance rose in March
Reverse mortgage performance metrics were mixed in March, with volume falling and securities issuance rising.
The state of the reverse mortgage business in early 2025
Reverse mortgage lenders are making moves in early 2025 while business is humming — though not booming — in the early months of the year.
Reverse mortgage endorsements, securities issuance fell in February
HECM endorsements and HMBS issuance declined in February, which some professionals said reflected higher mortgage rates at the start of 2025.
HECM endorsements, HMBS issuance see relatively little movement to start 2025
HECM endorsements increased by less than 1% from December to January, while HMBS issuance is historically low but still healthy.
Reverse mortgage servicing safeguard might help LA borrowers
A 2023 safeguard introduced in reverse mortgage servicing software could help borrowers in Los Angeles avoid foreclosure.
Wildfire damage with a reverse mortgage? Here’s what to do
First and foremost, borrowers need to contact their servicer immediately if their home is damaged by wildfire, experts said.
The top 10 reverse mortgage lenders of 2024
The top 10 retail reverse mortgage lenders in 2024 weathered a challenging year, with key movements in the rankings.
Reverse mortgage performance metrics end 2024 on a mixed note
HECM endorsements saw a jump in December, but HMBS issuance ended 2024 on a low note, making for a topsy-turvy month of performance data.