MBA’s HMDA analysis finds proprietary reverse mortgages jumped 118% in 2025

The significant increase in proprietary reverse mortgages in 2025, as reported by the Mortgage Bankers Association's analysis of HMDA data, may have implications for the lease market. As more homeowners opt for proprietary reverse mortgages, they may be less likely to consider leasing out their properties, potentially reducing the supply of rental units. This shift could have a ripple effect on the lease market, particularly in areas with high demand for rental properties.

The fact that HECM growth remained mostly flat in 2025, while proprietary reverse mortgages saw a 118% jump, suggests that homeowners are exploring alternative options for tapping into their home equity. This trend may be driven by factors such as more flexible terms or lower fees associated with proprietary reverse mortgages. As the lease market continues to evolve, it's essential to monitor the growth of proprietary reverse mortgages and their potential impact on the availability of rental properties.

As we watch the lease market in the coming months, it will be crucial to track the continued growth of proprietary reverse mortgages and their effects on the rental market. Will this trend lead to a decrease in rental inventory, potentially driving up lease prices? How will lenders and investors respond to the rising demand for proprietary reverse mortgages, and what implications might this have for the broader real estate market? These are key questions to consider as we analyze the intersection of reverse mortgages and the lease market.

Originally reported by housingwire.com. LeaseNews adds analysis for real estate & property readers.