Reverse mortgage data spotty for January 

Reverse mortgage endorsements dropped 5.8% to 1,649 loans in January, according to the latest report from Reverse Market Insight. But HECM loans were not endorsed during the recent government shutdown, so the data reflects a huge gap in activity from Dec. 22 to Jan. 27. “It’s hard to honestly know what to make of that given the noise introduced by the government shutdown,” RMI wrote.