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TPO loan volume continued to grow in April, but wasn’t enough to keep wholesale endorsements from declining -13.3%. Retail fell further, down -18%, and the ...
As regulation forces the reverse industry to evolve, there are many ways that we’ll eventually see the impacts. We’ve been tracking a declining number of ...
We noticed last month that broker/wholesale channel performed much better than retail/direct in a down month for the industry overall, and now we can remove ...
The first month of 2011 brought us back to a familiar theme from last year as broker/wholesale endorsements outpaced retail in a down month for ...
There’s one thing many lenders focus on at this time of year, and it’s the final rankings for our just completed year. If you’re looking ...
Holidays seem to come faster each year for all of us (Christmas music will start in July this year!), and then they’re gone just as ...
Last month we noticed that the wholesale/broker side of the reverse mortgage industry outperformed the direct/retail side after 7 consecutive months of falling behind. Given ...
We already knew that September was a down month for endorsements in the industry overall, but now we can look at the tally in a ...
August wholesale results are in, and as we’ve seen in past months, Retail/Direct lending in the reverse mortgage market continues to lead Wholesale/Broker volumes. Total ...
As we wind down the summer with Labor Day in the rear view mirror, it’s perhaps only fitting that the rest of the year is ...
After a very tough May for the reverse mortgage broker business, June provided a welcome bounce that almost kept pace with retail/direct endorsements. Broker volume ...
May’s volume was notable for being the lowest on record for 5 years, but the difference between broker/wholesale volume and retail/direct was just as stark. ...
For the third straight month now, wholesale/broker endorsements shrank more than retail/direct endorsement volumes. In April, brokers saw 7.4% less volume while retail lenders shrank ...
If you want to see a telling visual of our industry’s pain, check out page 1 of this month’s report. The first graph showing year ...
As we already saw in the March Retail Leaders report, the decline in HECM applications has led to a dramatic drop in endorsements just as ...
There’s a new sheriff in town, and that sheriff is Generation Mortgage. Ok, that may be a little extreme, but on an endorsement volume basis ...
Our first report of the new year and we have a new top wholesale lender to report. After an extended run of growth in the ...
As we offer up the last of our 2009 Wholesale Leaders report, it is perhaps fitting that in the year of “too big to fail” ...
Below you’ll find the Wholesale Leaders report with data updated through November 2009. Wholesale volume dropped almost 17% from October, to 3,901 endorsements. This brings ...
Wholesale volume dropped 15.7% from last month to 4,692 loans. This brings the YTD total to 50,709 units, a drop of just over 6% vs ...
Wholesale results are in for the month of September, and of course that means the HUD Fiscal Year as well. Overall wholesale volume for the ...
Summer is gone and apparently the reverse mortgage market cooled down a bit early as well. We already knew that total industry activity was down ...
Our Wholesale Leaders report is now available for July, 2009. Wholesale made up 5,392 of the 9,828 units done in July, bringing the YTD number ...
Wholesale has had a tough couple of months, but looks like June was a little happier in the broker/wholesaler world. After last month’s 20% drop, ...