Exclusive: State of the Industry Survey



View full survey results here

To say that the COVID-19 pandemic has brought uncertainty, fear, and significant economic devastation would be an understatement. Despite the storm raging around us, the sky is not falling- at least for many reverse mortgage originators according to our most recent survey.

In the last month, I’ve spoken with the top management from several of our industry’s leading lenders. What are they reporting? Before we get to that let’s hear what YOU, our viewers had to say. Here’s what our anecdotal, non-scientific report revealed…

 

1 comment

James E. Veale, CPA, MBT May 17, 2020 at 7:03 am

One has to be careful with relying on the results and conclusions from “surveys” like this. While the data, their results and conclusions are interesting, there are insufficient controls to calculate a level of confidence in the data.

One can waste time explaining controls, levels of confidence, and other measuring techniques used in gathering “valid” data; however, the lack of any verification controls is sufficient to rule this survey out as serious research.

Surveys like this have their place giving some context to what originators are generally up to. However, user beware. Reliance on the data to make any significant business decisions is not recommended.

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