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November is rapidly coming to a close, and we’re closing out the month with the first half of a video interview with the Reverse Review online magazine. Check out the link below to see RMI founder and President John K. Lunde talk about current trends in 2010 and how T&I defaults are affecting the industry.
TRR Interview: John Lunde, Part I from The Reverse Review on Vimeo.
No HECMs were endorsed in October, so November’s figures are inflated relative to a normal month due to the delays resulting from the government shutdown. With that said, we are
HECM endorsements rose 7.2% in September to 2,211 loans, bouncing back from a weak August total. The regions were generally higher, with 6 of the 10 showing gains: The top
HECM endorsements declined -2.3% to 2,243 loans in June, as May proved to be an one month blip. As we have seen so many times in the past, the Wholesale/broker
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