The reverse mortgage industry has experienced fluctuations in performance metrics in recent months, with a back-and-forth pattern of gains and losses. Despite this, there are mixed signals pointing to potential challenges on the horizon which could impact the industry moving forward.
Key points:
– Recent performance metrics in the reverse mortgage industry have shown a fluctuating trend of gains and losses.
– Higher interest rates may lead to a decrease in origination volumes, affecting the overall business landscape.
– The potential implementation of HMBS 2.0 is a looming factor that could bring significant changes to the industry in the near future.
– 2024 is shaping up to end with a sense of activity and uncertainty as the reverse mortgage industry navigates these challenges.
You can read this full article at: https://www.housingwire.com/articles/reverse-mortgage-volume-flat-hmbs-issuance-falls-november-2024/(subscription required)
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