Browsing Tag:HMBS

october-reverse-mortgage-quantity-hits-2021-excessive-hmbs-document-to-break-imminently
Home Equity Conversion Mortgage (HECM) approval rose again sharply by 16.3% to 5,029 loans in October 2021, breaking the 5,000 loan threshold for the first time since the industry's COVID-19 surge began in May 2020. This is evident from data compiled by Reverse Market Insight (RMI).While July may have marked the end of a streak of monthly volumes...
Continue reading
0 Comments
Share
reverse-mortgage-quantity-bounces-again-in-september-hmbs-approaches-annual-document
It looked like the days of reverse mortgage volume over 4,000 units in a single month are behind us, but the latest industry performance data shows that it is not quite over yet.Home Equity Conversion Mortgage (HECM) endorsement rose sharply 17.6% to 4,326 loans in September 2021. This is based on data compiled by Reverse Market Insight (RMI)....
Continue reading
0 Comments
Share
july-brings-reverse-mortgage-quantity-bump-sturdy-hmbs-issuance
Home Equity Conversion Mortgage (HECM) rose 3.2% to 4,293 loans in July 2021, marking another month in which the volume of reverse mortgages hit the 4,000-point mark and the monthly volume streaked above that number eight months increased. This is based on data compiled by Reverse Market Insight (RMI).In addition, new home equity conversion mortgage (HECM) -backed securities...
Continue reading
0 Comments
Share
november-reverse-mortgage-quantity-dips-hmbs-issuance-rises-as-business-awaits-libor-shift
In the last monthly data decline for the year, Home Equity Conversion Mortgage (HECM) records saw another slight decline in November, declining 4.7% to 3,561 loans. This is the third time since May that HECM volume has fallen below 4,000 loans but is still above the numbers seen between February and April of this year, according to Reverse...
Continue reading
0 Comments
Share