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HECM endorsements rose 8.2% in July to 2,754 loans. Lower interest rates on the 10 year swap rate in particular help HECM volume, plus an ...
HECM endorsements dropped -5.6% in June, lending further support to the idea that 2,500 endorsements per month is the default volume setting for the industry ...
HECM endorsements dropped -7% in May, reinforcing the lumpiness and uncertainty around HECM volumes after an encouraging April tally. Most of the larger regions declined ...
HECM endorsements grew 12.7% to 2,901 loans in April after several months of noisy data due to the government shutdown and a seasonal slowdown at ...
HECM endorsements dropped -35.7% to 2,573 loans. That is certainly a lot, but is actually very close to the average for Dec-Feb we discussed last ...
HECM endorsements rocketed 142.7% higher to 4,002 loans, but it’s hard to feel too excited about it given part of that might be catch-up from ...
HECM endorsements dropped -5.8% to 1,649 loans, but it’s hard to honestly know what to make of that given the noise introduced by the government ...
HECM endorsements dropped -31.4% to 1,751 loans in December, establishing a second consecutive low point after the FHA product changes took effect in October 2017. ...
New lows, here we are. HECM endorsements dropped -17.4% to 2,553 loans in November, setting a new low after the October 2017 product changes. Just ...
HECM endorsement volume crept back above 3,000 loans in October, rising 7.3% to 3,091. 8 of 10 regions were up, with New England leading the ...
HECM endorsement volume fell -9.9% to 2,880 loans in September, re-visiting the lows from June but not making new ones (yet?). 9 of 10 regions ...
HECM endorsement volume grew 9.9% to 3,197 loans in August. That’s the third lowest total in the past 12 months but importantly, it’s also the ...
HECM endorsement volume gained fractionally in July, up 0.4% to 2,908 loans. This is the biggest sign yet that HECM volume may have bottomed following ...
HECM endorsement volume dropped 15.5% in June to 2,838 units, the lowest endorsement level seen since May ’05. Being short staffed with the holiday and ...
HECM endorsement volume gained fractionally in May, up 0.4% to 3,359 loans. This is the biggest sign yet that HECM volume may have bottomed following ...
In case you haven’t been paying attention these last few months, HECM volume is seriously hurting after the Oct 2, 2017 changes from FHA. Volume ...
And now it’s clear that we’re in a post 10/2 world for HECM endorsements. Volume declined -17.3% to 4,300 loans in March, the lowest level ...
It looks like the endorsement spike in January has already calmed down considerably, with HECM endorsements down -17.6% to 5,201 loans in February. That’s still ...
The 10/2/2017 FHA HECM product changes brought a surge of case numbers in September and now have brought a brilliant spike of endorsements to ...
Happy New Year! HECM endorsements finished off 2017 a little lower than November but still relatively high due to borrowers and lenders rushing to beat ...
HECM endorsements rose 6.3% to 4,782 loans in November as we begin to see the effects of a surge in case numbers issued under the ...
HECM endorsements were relatively flat in October, declining 2.1% from the prior month to 4,497 loans. Lender counts were also relatively unchanged, up 1.5% for ...
HECM endorsements dropped -6.8% in September, finishing at 4,592 loans. With the rule changes going into effect today not expected to significantly affect endorsement volumes ...
We’re pretty sure everyone reading this already knows about the changes HUD announced Tuesday, but if not you should definitely check them out. So once ...