The reason for this? The company announced a reverse stock split. Here’s what you need to know. A reverse stock split is when shares of a company are combined from many into one. A reverse stock ...

September’s Home Equity Conversion Mortgage (HECM) volume drop came in at 43.5%, or 3,235 loans, dropping under 4,000 for the first time since November 2020. That level has not been seen since ...