HECM Originators

HECM endorsements dropped -6% in August, capping 4 consecutive months of 4,000+ loans for the first time in several years. Wholesale declined -6.5% while Retail ...

HECM endorsements ticked up 1.2% in July, settling out after the initial remote working volatility in these numbers. Wholesale bounced back 10.6% after a significant ...

HECM endorsements dropped back in June as the backlog clearing spike in May receded. Volume declined 16.4% to 4,203 loans, which was still good for ...

HECM endorsements recovered dramatically in May after HUD and lender operations challenges related to the pandemic constrained volume in April. Rather than comparing May to ...

We already know that April HECM endorsements dropped off a cliff and recovered in May, which strongly suggested that April’s volume had a lot of ...

HECM endorsements dropped -14.1% in March to 2,905 loans. The top 10 outperformed again, dropping -11.1%. 4 of the top 10 lenders bucked the trend ...

HECM endorsements dropped -13.7% in February to 3,381 loans after a truly impressive start to 2020. The top 10 as a group did a bit ...

HECM endorsements dropped again in December, finishing the year at 32,448 loans. That’s a decline of -22.2% from 2018, but that really does skew perception ...

HECM endorsements dropped back -13.5% in November after a strong October, with Wholesale easing -4.5% while Retail suffered a bigger decline at -18.6%. The top ...

HECM endorsements grew 36% in October, powered by Retail rising 45% and Wholesale perking up 22.7%. That’s the highest monthly total since February, and that ...

HECM endorsements dropped -15% in August, with Retail declining -16.7% and Wholesale only slightly better at -12.4%. Most of the top 10 fared better than ...

HECM endorsements rose 8.2% in July, with Retail jumping 12.9% and Wholesale nudging 1.8% higher. 7 of the top 10 lenders gained on the month: ...

HECM endorsements dropped -5.6% in June, as Retail sank -8.7% and Wholesale held steadier at -0.9%. Just 3 of the top 10 lenders gained on ...

HECM endorsements grew 12.7% in April, with strong Wholesale growth (+21.2%) outpacing slower Retail results (+6.6%) but both contributing to a solid month of volume. ...

HECM endorsements declined in March without the tailwind from loans built up during the government shutdown. The decline was fairly balanced, with Retail dropping -36.1% ...

HECM endorsements jumped 142.6% to 4,000 loans in February, as the backlog in endorsements from a partial government shutdown was completed. Retail grew 131.8% to ...

HECM endorsements dropped -5.7% to 1,649 loans in January, which we already discussed extensively. Retail declined -6%, coming close to dropping below 1,000 loans for ...

HECM endorsements dropped -31.4% to 1,749 loans in December, marking a very troubling low point to end the year. Retail plunged -29.4% to 1,075 loans, ...

HECM endorsements increased 7.4% to 3,087 loans in October, recovering most of the loss in the prior month. Retail led the way, gaining 7.9% to ...

HECM endorsements dropped -9.9% to 2,874 loans in September, narrowly missing out on a new monthly low from the product changes one year earlier. The ...

HECM endorsements rose 9.8% in August overall to end at 3,191 loans. The pickup was balanced across Retail and Wholesale, up 8.2% and 12.1%, respectively ...

HECM endorsements rose 2.6% in July overall to end at 2,907 loans. The pickup was entirely in broker/wholesale business, which rose 12.2% after 5 consecutive ...

If you’re looking for our usual HECM Originators report, click the image at bottom to skip straight to the report. Earlier this month we looked ...

May’s HECM endorsements rose 0.2% in what we now know was a small calm before the further drop in June. Fittingly, 5 of the top ...