In the reverse mortgage industry, data is crucial for understanding market trends and making informed decisions. However, John Lunde of Reverse Market Insight emphasizes that data alone is not enough – context is key for driving industry performance. Lunde suggests that by analyzing data within the broader context of economic factors, regulatory changes, and consumer behavior, industry professionals can gain a more comprehensive understanding of the market landscape.
Key points:
– Data is essential for the reverse mortgage industry
– Context is crucial for interpreting data effectively
– Economic factors, regulatory changes, and consumer behavior all play a role in industry performance
– Analyzing data within a broader context can provide a more comprehensive understanding of market trends and opportunities.
You can read this full article at: https://www.housingwire.com/articles/data-is-important-but-only-shows-part-of-reverse-mortgage-picture/(subscription required)
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