HECM Lenders

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 ...

HECM endorsements rose 5.6% in July to 2,369 loans, the highest level since February. The regions reversed last month’s weakness, with 7 of the 10 ...

HECM endorsements declined -2.3% in June to 2,244 loans, extending a slow trend downward in recent months. The regions were mostly weaker, with just 3 ...

HECM endorsements declined -1% in May to 2,296 loans, showing remarkable steadiness in the face of recent expected rate increases that reduce cash available at ...

HECM endorsements bounced back 9% in April to 2,320 loans, after an expected drop in March from higher rates. We’re also starting to see more ...

We’ve been expecting a decline in HECM endorsements for several months now after CMT rates spiked last Sep/Oct, and now we’re seeing that drop. HECM ...

It’s always worth remembering that February is the shortest work month of the year, even when we’ve been expecting some drop in HECM endorsement volumes. ...

HECM endorsements kept up the pace from last year’s finish, inching up 0.6% to 2,641 loans in January. It feels a bit like the industry ...

So long, 2024! It was a year of mixed signals for reverse mortgage volume as large forward lenders got more serious about the space and ...

HECM endorsements inched up 0.7% to 2,408 loans in November, again illustrating the benefits of lower 10 year CMT rates a few months back. We’d ...

HECM endorsements jumped 11.1% to 2,392 loans in October, breaking out of what had been a very tight recent range of volume for the industry. ...

HECM endorsements dropped -2.1% to 2,153 loans in September, continuing a tight range of volume for the industry we’ve seen since June. There have only ...

August HECM endorsements dropped -3.3% to 2,200 loans, furthering the back and forth we’ve seen with these volumes throughout the summer. The good news is ...

July saw HECM volume recover 8% from the June drop, as 2,274 loans were endorsed. At this point the past 4 months look like a ...

June marked the midpoint of yet another year flying by way too fast with a bounce back to April levels for HECM endorsements. Overall volume ...

May blossomed beautifully for HECM endorsements, with the pace of growth so far this year increasing noticeably. Endorsement volume grew 16.9% to 2,460 loans. But ...

April continued the slow but steady rise in endorsements, with 2,105 loans representing a 2.3% increase from March. And yet again, we saw March case ...

If there’s one thing the low volume in case numbers issued the past few months tells us, it’s that endorsements will eventually follow suit. The ...

HECM endorsements dropped -1.7% to 2,153 loans in January, as the new year started off with the same old drift lower for originations. Half of ...

HECM endorsements dropped -3% to 2,190 loans in December, providing the resounding thud to a year those still in the industry will be happy to ...

HECM endorsements dropped -15.4% to 2,257 loans in November. We haven’t seen any case number issuance data since August, but it’s a fair bet that ...

HECM endorsements rose 2% to 2,667 loans in October, as the industry continues to feel the impact of several months of low case number issuance. ...

HECM endorsements fell -12.3% to 2,614 loans in September, a result that was obviously coming based on recent case number issuance weakness. The good news ...

HECM endorsements rose 6.4% to 2,980 loans in August, another post-November high (if we exclude March’s unnaturally boosted figure from corporate actions). We note that ...