Out of 32,000 mortgage-related complaints submitted to the Consumer Financial Protection Bureau in 2021, only 300, or one percent, were brought against reverse mortgage companies, according to the … more CFPB: Reverse Mortgage Complaints Less Than One Percent
Industry Statistics
Global Equity Release Market Forecast to More Than Treble By 2031
The European Pensions and Property Asset Release Group (EPPARG) and EY published the Global Equity Release Roundtable 2020 survey report, which predicts the global equity release market could … more Global Equity Release Market Forecast to More Than Treble By 2031
HUD: Total Home Equity Approaching $20T
The Department of Housing and Urban Development’s Office of Policy Development and Research published the housing market indicators monthly update for July that includes some interesting data points: … more HUD: Total Home Equity Approaching $20T
Urban Institute: Reverse Mortgage Use Differs By Race and Ethnicity
Recently released Home Mortgage Disclosure Act (HMDA) data examined by Urban Institute researchers Karan Kaul, Sarah Strochak and Laurie Goodman – and published in a recent blog post … more Urban Institute: Reverse Mortgage Use Differs By Race and Ethnicity