The measure comes at a time of sinking fortunes for reverse mortgage originators: HECM production totaled $8.4 billion through the first nine months of 2019, a steep 27.8% drop from the comparable period a year earlier...

Overall, 78.2% of veterans and 42.7% of active-duty military are homeowners compared to 61.8% of non-military and 64.0% of the total U.S. population...

This is FAR’s fourth HECM reverse mortgage deal and the first backed by active HECMs.

Some of the provisions in Ginnie's proposed Digital Collateral Guide have the potential to create unnecessary strains on issuers, according to the MBA.

Production of FHA-insured reverse mortgages fell in the third quarter of 2019 despite of a strong housing market, according to an Inside FHA/VA Lending analysis.