Posts Tagged ‘equity conversion mortgage’

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New Reverse Mortgage Leader Emerging

Including government-insured and proprietary loans, reverse mortgage production grew during the latest month. The improvement hit both the retail and wholesale channels. With a new world order just around the corner for the sector, one company is poised to be the new leading originator. Retail originators were responsible for 54 percent of previously reported home-equity [...]

Issuance Softens at Ginnie

The issuance of mortgage-backed secuties at Ginnie Mae was down around a billion dollars in May. Compared to year earlier issuance was off approximately $8 billion. The month-over-month decline applied to single-family, home-equity conversion mortgage and multifamily securitizations. View full post on Mortgage Stories