Proprietary reverse mortgages, rather than government-insured Home Equity Conversion Mortgages (HECMs), are driving the reverse mortgage industry’s recent growth, according to an analysis of Home Mortgage Disclosure Act (HMDA) data published Wednesday by New View Advisors.

Total reverse mortgage volume rose from $6.25 billion in 2023 to $7.51 billion in 2024 and $9.65 billion in 2025, New View Advisors said, citing HMDA data published by the Consumer Financial Protection Bureau (CFPB) and the Federal Financial Institutions Examination Council (FFIEC).

Proprietary reverse mortgages accounted for most of that expansion, growing from $1.1 billion in 2023 to $3.8 billion in details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com