Reverse mortgage metrics show little movement in NovemberThe reverse mortgage industry displays mixed signals, with slight gains in HECM endorsements but a decline in HMBS issuance as 2024 ends.
Reverse mortgage volume rose in July while securitizations fellHECM endorsements increased by 8% in July, while HMBS issuance fell by $47 million compared to the previous month.
Reverse mortgage metrics show little movement in NovemberThe reverse mortgage industry displays mixed signals, with slight gains in HECM endorsements but a decline in HMBS issuance as 2024 ends.
Reverse mortgage volume rose in July while securitizations fellHECM endorsements increased by 8% in July, while HMBS issuance fell by $47 million compared to the previous month.