HUD 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 record at 11,261 endorsements.

This is great news, to explore a Reverse Mortgage simply call 1-888-973-8377 or request a FREE Reverse Mortgage Information Packet.

This entry was posted on Tuesday, April 14th, 2009 at 10:37 am and is filed under Reverse Mortgage News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.