HECMs saw greater pullbacks in endorsements at end of 2022
Home Equity Conversion Mortgages endorsements among reverse originators slowed toward the end of 2022 in what turned out to be a quarter they might prefer to forget. New endorsements in November totaled 3,270, a 6.6% decrease from October’s figure of 3,500, with only three of the top 10 originators recording a monthly gain, according to … [Read more…]