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NRMLA panel targets HECM for Purchase education gaps
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NRMLA panel targets HECM for Purchase education gaps
Home Equity Conversion Mortgages (HECMs) have long been the gold standard product set for reverse mortgage originators, but they became a minority share of the market earlier this year as proprietary loan volume exceeded HECM volume in the first quarter of 2026. While private-label reverse mortgages offer advantages like lower upfront costs and larger loan amounts, the shrinking market share for HECMs can also be chalked up to the fact that one …
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