the end of the summer, we typically see a drop-off in volume during this time due to seasonal trends. Therefore, September's slight decrease isn't alarming.
Despite the decline in endorsements, the increase in case number assignments suggests that the market is starting to respond positively to lower interest rates.
This increase in case numbers points to the highest level in a calendar year. It's a promising sign for the reverse mortgage industry indicating potential growth.
Mutual of Omaha has now claimed the title of the largest lender in the reverse mortgage market, showing a trend of increasing market share over Finance of America.
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