From housingwire.com:
America’s seniors continue to amass equity in their homes, and it could be a way for older Boomers and other seniors to deal with losses they took during the recession, one lender trade group says.
The National Reverse Mortgage Lenders Association/RiskSpan Reverse Mortgage Market Index, surveyed quarterly, reached an all-time high of 195.29 in the second quarter of 2015.
The previous high was 192.03 set in the fourth quarter of 2006.
For more information from this survey, you can find the entire article here.