Reverse Mortgage Market Will Rise Again in 2014: Analysts

The reverse mortgage market is expected to grow, starting in 2014, based on a report by global research firm IBISWorld. Revenue from the sector should rise over the next five years, pending greater acceptance of reverse mortgage products and a rebound in residential values. Industry revenue declined at a rate of 6.2 percent annually from 2007 to 2012 as a result of widespread depreciation and the impact on senior homeowner equity. | Read More