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Reverse Mortgage Daily: How Technology Can Normalize and Expand the Reverse Mortgage Industry

At a time when reverse mortgage lenders are finding themselves with a broad, more robust product landscape, finding new ways to connect with borrowers and simplify the reverse mortgage process becomes increasingly important. …Peel detailed looking at industry statistics provided by the STRATMOR Group in which 1.3 million traditional loans had been done for seniors age 60 and over in 2017, while in the same period of time only 55,000 HECMs were conducted for the same demographic.

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