Fairway Independent Mortgage

Reverse mortgage data details industry-wide volume plunge 

Reverse mortgage volume plummeted a staggering 31.4% in December, closing out the month with just 1,749 loans and ending the year on a rather sour note. A new report from Reverse Market Insight breaks down the numbers, revealing that wholesale endorsements suffered the greatest loss at 34.4%, as many of the top lenders saw volume dip by as much as 46%.