Archives – ReverseVision and Industry News

January 6, 2015

Reverse Mortgage Volume Leaves 2014 on a High Note

Finishing 2014 with a bang, December’s home equity conversion mortgage (HECM) endorsements grew 12.1% to 4,942 loans, marking the highest monthly volume since February. Read more.
January 7, 2015

Obama Announces FHA MIP Cuts, No Changes for Reverse Mortgages

Changes will not apply to the reverse mortgage program, a Department of Housing and Urban Development spokesman confirmed with RMD. Read more.

January 8, 2015

The Mortgage Professor: The fixed-rate, adjustable-rate decision

The fixed rate HECM reverse mortgage is primarily for seniors who plan to use all or most of their borrowing power right away. Read more.