New data published by the Department of Housing and Urban Development shows that despite record low interest rates, reverse mortgage prepayments are falling according to a report from New View Advisors.
Hardly in line with conventional mortgage prepayment behavior − which typically rise when interest rates fall because borrowers refinance − the HECM product and borrower provide investors with a unique opportunity.
Sign up to receive free updates like this by email or subscribe by RSS feed. Thanks for reading!



