In bad economy, Reverse Mortgage Rise
Tuesday, April 14th, 2009HUD Home Equity Conversion Mortgage (HECM) reverse mortgage data.
According to the Housing and Urban Development (HUD), HECM reverse mortgage volume increased nearly 7,000 loans from calendar year 2007 to calendar year 2008. Similarly, HUD data shows that endorsement volume in March 2009 increased 24 percent from February of 2009, and set a new monthly [...]
