Home prices must drop in these markets. Here’s why.
Home prices must drop in these markets. Here’s why.
home price
Foreclosure starts surge 700%
Foreclosure starts are up 702% from December to January with 32,900 loans. What does this mean for the housing market and reverse mortgage lenders?
It’s only up from here
If we’re at the new norm of industry-low volume, what’s next? Reverse Market Insight’s recap of June 2019 endorsements states, “2,500 endorsements per month is the default volume setting for the industry right now”. Calculate that out and that would equate to a new low in annual HECM endorsements totaling
