Comments on: Retail Leaders – February 2010 http://www.rminsight.net/reverseiq-newsletter/2010/03/retail-leaders-february-2010/ Reverse Mortgage Statistics and Analysis Mon, 08 Aug 2011 15:56:48 +0000 hourly 1 http://wordpress.org/?v=3.1.1 By: John K. Lunde http://www.rminsight.net/reverseiq-newsletter/2010/03/retail-leaders-february-2010/comment-page-1/#comment-450 John K. Lunde Tue, 09 Mar 2010 00:12:53 +0000 http://rminsight.net/?p=939#comment-450 Jim, The shortened month in February does seem to have an effect (as we would all expect) since last February was also noticeably below January. That being said, check out the Endorsement Volume chart near the top left of page 2 to see this February vs. last. It seems likely that we're looking at something much more than a seasonal decline due to shorter month, particularly when we look at this in the context of grossly lower applications since October. As to snow days, that one is anyone's guess, but I'd still tend to put more of the emphasis on true volume declines given the recent app numbers. Just an opinion though. Jim,
The shortened month in February does seem to have an effect (as we would all expect) since last February was also noticeably below January. That being said, check out the Endorsement Volume chart near the top left of page 2 to see this February vs. last.

It seems likely that we’re looking at something much more than a seasonal decline due to shorter month, particularly when we look at this in the context of grossly lower applications since October.

As to snow days, that one is anyone’s guess, but I’d still tend to put more of the emphasis on true volume declines given the recent app numbers. Just an opinion though.

]]> By: James E. Veale, CPA MBT http://www.rminsight.net/reverseiq-newsletter/2010/03/retail-leaders-february-2010/comment-page-1/#comment-445 James E. Veale, CPA MBT Sat, 06 Mar 2010 00:54:32 +0000 http://rminsight.net/?p=939#comment-445 Was any of the lower endorsement volume due to a short month (28 days) combined with lost workdays due to snow in DC? Was any of the lower endorsement volume due to a short month (28 days) combined with lost workdays due to snow in DC?

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