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Finance of America Reverse

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HECM mortgage-backed securities see $1 billion decline 

Oct 04, 2018By

The latest data on HECM mortgage-backed securities reveals issuance is down in the third quarter to $1.7 billion – that’s about a billion less than totals from the previous two quarters. In a recent report, New View Advisors says the industry shouldn’t expect this to turn around any time soon as low origination volumes challenge the space.

3d rendering of a row of luxury townhouses along a street

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