HECM Originators

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 ...

It’s been quite the hiatus since we last published this report! We depend on HUD/FHA for this data so we can’t promise the normal schedule ...

HECM endorsements jumped 11.3% to 2,390 loans in October, with Wholesale/broker ramping 18.6% while Retail/direct extended last month’s gains a further 6.7%. HECM case numbers ...

HECM endorsements fell -2.4% to 2,147 loans in September, with Retail/direct growing 1.5% but Wholesale/broker more than offsetting that with a drop of -7.9%. HECM ...

HECM endorsements fell -3.2% to 2,199 loans in August, with Wholesale/broker giving back -6.6% and Retail/direct easing just -0.6%. The top 10 lenders showed better, ...

July HECM endorsements rose 8% to 2,271 loans, with Wholesale/broker pushing 26.9% higher while Retail/direct dropped -2.6%. The back and forth nature of recent monthly ...

June HECM endorsements dropped -14.6% to 2,102 loans, with Retail/direct losing -8.8% while Wholesale/broker sank -23.1%. And while we know that July endorsements were a ...

May was a positive month for HECM endorsements, with an increase of 17% to 2,460 loans. Wholesale/broker rebounded from 2 declining months even as the ...

HECM endorsements continued their upward trend in April with 2,103 loans for a modest increase of 2.2% from March. Retail/direct continued their dominance in April with ...

HECM endorsements dropped -4.2% in March, with the channel performance completely flipping from last month. Retail/direct bounced back 9% while Wholesale/broker dropped -2.3%. The largest ...

HECM endorsements dropped -8.3% in February, but that masked a slight improvement in Wholesale/broker volumes (+3.9%) as Retail/direct sank -15.7%. While the shortest month of ...

HECM endorsements started the year slowly, but Retail/direct volume suffered disproportionately (dropping -3.7%) while Wholesale/brokers actually gained ground, rising 2% in the month. That’s mildly ...

Our last report for 2023 is here! We already knew 2023 endorsements dropped -48.1% from 2022 as higher interest rates drove refinances to near zero ...

After a 3 month hiatus with data delays and a truncated report, HECM Originators is back just in time for the holiday season! Of course, ...

June HECM endorsements bounced back from May’s rainy day, but just half of the top 8 lenders grew their own volume on the month. June ...

May saw the industry creep up a touch, while just 2 of the top 8 lenders dropped volume. May also brought encouraging signs on the ...

The industry overall gave back its AAG exit gains and then some. But just 2 of the other top 8 lenders (excluding RMF) posted declines ...

HECM endorsements were up a whopping 73.3% in March, as AAG pushed through a bunch of endorsements ahead of being acquired by FAR. Beyond AAG, ...

HECM endorsements were down -12.2% in February’s short month, with both channels dropping almost identical amounts. It’s the fourth straight month of clean sweep declines, ...

HECM endorsements were down -10.8% in January, as Retail/direct dropped -9.4% and Wholesale/broker declined -12.8%. It’s the third straight month of clean sweep declines, with ...

HECM endorsements overall were down -14.8% in December, with Wholesale/brokers (-14.9%) and Retail/direct (-14.8%) in virtual lock-step for the second month in a row. Four ...

HECM endorsements overall were down -6.6% in November, with Wholesale/brokers (-7.3%) and Retail/direct (-6%) both feeling the drop. Just 3 of the top 10 lenders ...

HECM endorsements overall were relatively steady in October, rising 8.3%, after a big fall in September, but retail/direct was up 14.3% while wholesale/brokers rose a ...

HECM endorsements plummeted -43.5% in September, with both wholesale/brokers (-47.3%) and retail/direct (-39.8%) off dramatically from August. The top 10 lenders fared worse collectively than ...