Reverse mortgage volume soars, but don't be fooled

Reverse mortgage volume soars, but don't be fooled
Reverse mortgage endorsements soared 142.7% in February, closing out the month with 4,002 loans, according to the latest data from Reverse Market Insight. But don’t be fooled – it’s not the recovery of the industry’s dreams, rather a likely result of catch-up after the 35-day government shutdown ground HECM endorsements to a halt.
Source: https://www.housingwire.com/rss