HECM Lenders June 2022
HECM endorsements shrank rose 2.7% in June, bucking the headwinds from rapidly rising 10 year treasury rates so far, to finish with 5,937 loans.
We also saw the May edition of FHA’s Production Report released, showing a -56.3% drop in HECM to HECM refinance case numbers issued from March to May. Coupled with a -21.8% decrease […]