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March saw a nice little bounce in HECM endorsement volumes, up 8.3% to 2,058 loans. Even more importantly (in terms of future volumes), we also ...
HECM endorsements rose 3.4% in June to break a 3 month string of declines, with Retail leading the way. Retail/Direct increased 7.7% while Wholesale/Broker volume ...
HECM endorsements dropped -6.3% in July, totaling just 3,534 and marking a new low for the year in two of the past three months. Four ...
HECM endorsement volumes for the year through May were down -9.4% from a year earlier, and even though June volume increased it was still well ...
HECM endorsements fell -14.2% in May, comprised of a -17.5% drop in the larger Retail channel and -9.6% decline in Wholesale/Broker channel. One interesting point ...
HECM endorsements rose 3.4% in June to 3,771 loans, recovering a piece of the big drop in May. Although it was small, the increase was ...
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 endorsements dropped -6.3% in April overall, but Retail dropped significantly more at -7.6% compared to a Wholesale decline of -4.4%. As usual, several originators ...
HECM endorsements dropped dramatically in May to 3,646 loans – a full -14.1% decline from April. That’s the lowest monthly total since August 2014 as ...
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 ...
March endorsement volume was mostly flat, with Retail growing by 9/10 of a percent, and Wholesale/Broker volume down 3.88% over February. Leading the way for ...
HECM endorsements fell -6.4% to 4,243 loans in April, continuing the decline from a year ago which now totals -8.4% through the first four months. ...
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 ...
HECM endorsements growth in February was led by Retail/Direct lenders rising 20.3%, while Wholesale/Brokers put in a 14.3% increase that would be impressive in most ...
HECM endorsements dropped 1% in March to 4,535 loans. The fairly steady pace indicates that February’s big increase was more than a one month story ...
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 ...
HECM endorsements took a disappointing dip in January to the lowest levels in over a year as the industry continued to absorb the impact of ...
HECM endorsements rose 17.7% in February to 4,579 loans, putting a disappointing January result in the rear view mirror. Concerns about post-FA volume levels look ...
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 ...
Now that we’ve seen January’s endorsement total we know that December didn’t signal the start of recovery quite yet for the HECM world, but we ...
Looks like the coast might not be clear quite yet in the wake of Financial Assessment. HECM endorsements fell -8.1% to 3,890 loans in January ...
Refinances have been a hot topic in the reverse world lately, with NRMLA issuing updated guidelines and HMBS investors asking more questions about the higher ...
HECM endorsements fell -7.1% in November and the wholesale/retail split diverged substantially Wholesale dropped -18.3%, marking the third month in a row of faster declines ...
HECM endorsements rose 5.2% in December to 4,233 loans after three consecutive months of decline. That’s encouraging although based on the data we’re seeing from ...