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Reverse mortgage settlements slump

This is a discussion on Reverse mortgage settlements slump within the 2009 Q4 News Headlines forums, part of the 2009 News category; A combination of caution on the demand side and funding constraint on the supply side has hit the reverse mortgage market. Settlements of $122 million in the June half were ...


 
 
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Old 14th October 2009, 10:03 AM   #1
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Post Reverse mortgage settlements slump

A combination of caution on the demand side and funding constraint on the supply side has hit the reverse mortgage market. Settlements of $122 million in the June half were down 32 per cent on settlements of $180 million in the June half last year, and down 13 per cent on settlements in the December half.

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