HECM Trends

HECM endorsements through April were down -8.2% from the first four months last year. That’s a bigger decline than we saw last year at this ...

HECM endorsement volume in March almost exactly matched the prior two years’ totals, falling 108 short of March 2015 and just 88 loans short of ...

HECM endorsements have been lower than 2014 and 2015 for each of the first two months (and March will continue that pattern), but the gap ...

Each year our first HECM Trends report marks a reset in many ways and this year it’s both good and bad. On the downside, take ...

This chapter brings 2015 to a close, allowing us to review the full calendar year. Last month it was said that “if December shows a ...

It’s pretty eerie how closely the volume trend line for 2015 has followed 2013 over the past 3 months – see the top of page ...

HECM endorsements dropped considerably in September, but remained above 2013 and 2014 levels for the same month. Thanks to the past 4 months industry volume ...

HECM endorsements hit a high water mark in August, reaching 5,749 loans. That was higher than 2013 and 2014 for August, and overall was the ...

HECM endorsement volumes took a breather in July, down -5% from June. Even with the decline, volumes remained above year ago levels and it showed ...

HECM endorsements saw a big jump in June thanks to borrowers acting ahead of Financial Assessment implementation: applying and receiving a case number prior to ...

For the country as a whole HECM endorsements declined -1.9% in the year through May, but as always some areas of the nation are doing ...

April HECM endorsements were down a little from March but higher than a year ago, which brings the year to date tally to just -1.1% ...

HECM endorsement volume dropped -1.7% in March, but that was less than the drop a year ago so the year to date volume decline moderated ...

Two months into the year HECM endorsements are down -5.5% from last year’s comparable period and slightly less so from the weak start in 2013. ...

It’s always fun to look at year to date results for the first month of the year because we’re effectively comparing January with last January. ...

HECM endorsements finished down -13.1% for the calendar year 2014 at 52,949 loans. That decline was expected with the initial utilization restrictions implemented late last ...

Last time in the HECM Trends report we wrote about Nevada bouncing back from the housing crash with growing HECM endorsment activity and this month ...

HECM endorsements were up 29% in October, higher than each of the last two years for that month and even October 2011. This month we’ll ...

One of the interesting items (among many!) in our HECM Trends newsletter is the year over year comparison of HECM endorsement volumes at the top ...

In spite of the ugly chart at the top of page 1 showing August endorsement volume falling off the cliff compared to the last 2 ...

The top graph on page 1 of HECM Trends shows the past three years of HECM endorsement volume – right now it’s eerie how closely ...

Our last update for June endorsements before August totals come out next week, we’re looking again at HECM Trends. Arizona leads the top 10 states ...