Monday, May 20, 2024 | The Latest Buzz for the Appraisal Industry

Reverse Mortgage Market Takes a Fall

By David Wharton

After a rough March for home equity conversion mortgage originations, April’s numbers became even more dire, according to the latest statistics from Reverse Market Insight. Just how bad did the home equity conversion mortgage (HECM) market get in April 2018? RMI reports a 22.2 percent month-over-month drop in HECM originations in April. That amounted to …

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Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

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