Numbers Report Details Increasing Senior Home Equity THE NRMLA/RISKSPAN REVERSE MORTGAGE MARKET INDEX (RMMI) shows that senior homeowners continued to enjoy rising home equity through the pandemic. Here is a look at some of the numbers for the past full year of the quarterly report in 2021 compared with the report at the end of 2020. The RMMI report has been conducted since 2000. Sources: NRMLA and RiskSpan, a data management and analytics company. The most recent index can be found at www.nrmlaonline.org/about/press-releases/senior-home-equity-exceeds-record-10-6-trillion. $10.6 TRILLION The amount of housing wealth held by homeowners 62 and older through 2021. $8.05 TRILLION The amount of housing wealth held by homeowners 62 and older through 2020. $405 BILLION The amount their housing wealth grew in the fourth quarter of 2021 over the third quarter of 2021. $234 BILLION The amount their housing wealth grew in the fourth quarter of 2020 over the third quarter of 2020. 3.98% The 2021 increase from the third quarter to the fourth quarter as a percentage. 3% The 2020 increase from the third quarter to the fourth quarter as a percentage. 370.56 The RMMI at the end of the 2021 fourth quarter, a new all-time high for the index. 289.44 The RMMI at the end of the 2020 fourth quarter, a record at the time. 2021 2020 36 REVERSE MORTGAGE / SEPTEMBER–OCTOBER 2022
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