In April, reverse mortgage performance indicators demonstrated a positive trend, showcasing improvement in key areas within the industry. Endorsement volume, a critical metric in measuring the success of reverse mortgage programs, experienced a notable increase during this period. This surge in endorsement volume suggests a growing demand for reverse mortgages among qualified borrowers, reflecting a favorable market sentiment.
Another significant development in April was the uptick in securities issuance within the reverse mortgage sector. This increase in securities issuance indicates a higher level of investor confidence in the market, as well as a heightened interest in funding reverse mortgage products. Overall, these improvements in endorsement volume and securities issuance point towards a strengthening reverse mortgage industry, with promising growth potential in the upcoming months.
Key Elements:
– Reverse mortgage performance indicators
– Improvement in endorsement volume
– Increase in securities issuance
– Growing demand for reverse mortgages
– Higher investor confidence and interest in funding reverse mortgage products.
You can read this full article at: https://www.housingwire.com/articles/reverse-mortgage-volume-and-hmbs-issuance-improve-in-april/(subscription required)
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