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Sorry for the late update here! We’ve been under the weather this week…
Click the image below for the full report.
April saw HECM endorsements decline -1.4% to 2,088 loans. Following up on our recent theme of HECMs being just part of the overall reverse mortgage picture, the regional growth/decline picture
March bounced back from the short February, rising 16.3% to 2,117 loans, although that remains below every month since August (if we average Oct/Nov due to the shutdown). That continues
February is a short month every year, which also typically means fewer HECMs endorsed. Last month was no exception, dropping -20.7% to 1,821 loans, but the size of that drop
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