The reverse mortgage industry is poised to potentially reap the benefits of lower interest rates in the near future. Despite this potential positive development, both endorsement volume and securities issuance within the industry have shown little to no significant movement, remaining relatively flat in recent months.
Key points from the text:
– Potential benefits of lower interest rates on the reverse mortgage industry
– Endorsement volume within the industry has not shown significant growth
– Securities issuance in the reverse mortgage industry also remains relatively stagnant
You can read this full article at: https://www.housingwire.com/articles/reverse-mortgage-volume-hmbs-issuance-little-movement-in-september/(subscription required)
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