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May endorsement numbers are out, and they ain’t pretty – unit volume of 8,396 for the month dropped 28% vs April, and was the second lowest monthly number since November’s 7,771. The volume drop was across the board, as we saw lower numbers for all of the top 10 lenders, as well as declines across […]
There’s a lot to say about April, but the headlines will undoubtedly read that the industry set a second consecutive record for monthly endorsement volume, something we haven’t seen since early 2004. Total volume of 11,660 loans was up 3.5% from March and 21.9% from April 2008. YTD volume was also up 4.4% vs. ’08, […]
At long last, endorsements are finally starting to show the spike in volumes from the $417k Loan Limit increase. Endorsement volume set a new record in March at 11,261 – up 24% from February and easily besting the old record of 10,913 set in February 2008. Given the trends we have seen in […]
February is in the books, time to break out the spreadsheets and see what stories the numbers tell us. In a continuation of recent trends, competition continues to plateau, still hovering around 1,200 lenders per month as it has for 12 months now. That still leaves an increase over last year of 9% (Feb08 to […]
