U.S. reverse mortgage endorsements declined slightly in April as proprietary products continued to gain traction in parts of the market, according to data released on May 1 by Reverse Market Insight (RMI). Home Equity Conversion Mortgage (HECM) endorsements fell 1.4% from March to 2,088 loans in April, reflecting continued pressure on the government-backed reverse mortgage […]
April HMBS issuance rises to $525 million, HECM dips Read More »
New View Advisors on Tuesday published the newest installment of its Proprietary Reverse Mortgage Production Index, which showed that private-label reverse mortgages are continuing to become a preferred product among lenders and borrowers. The company estimated that proprietary loan volume totaled $250 million in December 2025, $730 million in the fourth quarter of 2025 and
Proprietary reverse mortgage market share continues to climb Read More »
Ideas for reshaping the federally insured reverse mortgage program and its avenue for secondary market issuance is the hot topic of conversation for industry professionals in late 2025. And New View Advisors added to the discussion last week with a host of comments submitted to the U.S. Department of Housing and Urban Development (HUD) and
New View Advisors floats sweeping changes to HECM, HMBS programs Read More »
The U.S. Department of Housing and Urban Development (HUD) is reopening the public comment period for a review of federal reverse mortgage programs, the agency announced Wednesday in the Federal Register. HUD previously issued a request for information in October, seeking input on the Home Equity Conversion Mortgage (HECM) and HECM Mortgage-Backed Securities (HMBS) programs.
HUD reopens reverse mortgage comment period Read More »
After federal housing leaders issued a request for information in October about the future of two key reverse mortgage programs, the National Reverse Mortgage Lenders Association (NRMLA) weighed in last week with a detailed list of suggestions. The trade group issued an 11-page letter to the U.S. Department of Housing and Urban Development (HUD) and
NRMLA speaks out on the future of federal reverse mortgage programs Read More »
The Mortgage Bankers Association (MBA)’s proposals to reform federal reverse mortgage programs include seven key recommendations — ranging from the creation of a new securitization option to charging insurance premiums based on the actual amount drawn. In October, the U.S. Department of Housing and Urban Development (HUD), the Federal Housing Administration (FHA) and Ginnie Mae
MBA lays out proposed changes for federal reverse mortgage programs Read More »
Home Equity Conversion Mortgage (HECM) endorsements fell sharply in August, even as a handful of reverse mortgage lenders continued to dominate the market. The Federal Housing Administration (FHA) insured 2,062 HECMs in August, according to data compiled by New View Advisors that was released on Wednesday. That marked a 13% decline from July and the
Reverse mortgage production metrics took a tumble in August Read More »
The reverse mortgage market appeared to recover in July after dipping in June, according to Home Equity Conversion Mortgage (HECM) endorsement data compiled by Reverse Market Insight (RMI) that was released late last week. HECM endorsements rose 5.6% in July to 2,369 loans, the highest level recorded since February 2025. HECMs also saw regional gains
HECM endorsements rise to highest level since February Read More »
The high mortgage rates that have stymied the broader housing market continue to put a lid on reverse mortgage activity too. According to the June report from Reverse Mortgage Insight, Home Equity Conversion Mortgage (HECM) endorsements dropped to 2,244 loans, down 2.3% compared to May and part of a sinking trend that resumed after an
Reverse mortgage metrics dipped slightly in June Read More »
Despite a raft of what might seem like contradictory economic data points and a challenged housing market, the reverse mortgage industry largely proceeded as normal based on key performance metrics for May 2025. Home Equity Conversion Mortgage (HECM) endorsements dropped by 1% in May to 2,296 loans, despite recent increases in the expected interest rate
Reverse mortgage performance was largely steady in May Read More »