Real Estate & Home

HECM activity rises in March, but proprietary loans are taking a bite out of business

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U.S. reverse mortgage endorsements increased by 16.3% in March, reaching 2,117 loans, but this growth is overshadowed by ongoing competition from proprietary reverse mortgage products. This trend matters to developers and tech professionals as it highlights the shift towards non-FHA offerings, impacting market dynamics and potentially influencing future investment strategies in financial technology solutions for housing finance.

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