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Know Instantly Who Qualifies, How They Benefit, and What You’ll Earn with Reverse Qualifier. Learn More.
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 ...
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 fell for a second consecutive month in October and once again, wholesale declined faster than retail, dropping -8.6% compared to -6.3%, respectively. As ...
HECM endorsements dropped -7.1% in November to 4,023 loans defying (for now) our prediction from a few months back that we’d see volume below 4,000 ...
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 ...
Happy Thanksgiving to everyone in every corner of the reverse mortgage industry! Hope everyone has fantastic feasts with family and friends. September HECM endorsements dropped ...
HECM endorsements fell -7.3% in October to 4,332 loans. The continued decline shows the impact of Financial Assessment implementation earlier this year as the pre-implementation ...
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 ...
We’ve been talking for months now about the impending drop in HECM endorsement volumes resulting from FA, but now we know that September was the ...
HECM endorsements dropped -18.8% to 4,671 loans in September, ending a very solid 3 month run of volume inflated by borrowers funding loans ahead of ...
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 fell -5.1% in July, but the channel split was more interesting than usual. Wholesale/brokered volume grew marginally while Retail/direct dropped -9.3%. That’s out ...
We’ve been waiting for Financial Assessment to bring down HECM endorsement volumes and we’ll have to wait at least one more month – but we’re ...
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 ...
HECM endorsements jumped 24% in June as borrowers rushed in before Financial Assessment rules would apply to their loans (all case numbers issued after April ...
HECM endorsements fell 5% to 5,029 loans in July, but still represent the second highest level of the past 12 months trailing only last month’s ...
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 ...
HECM endorsements dropped -4.9% in May, with wholesale/brokers bearing a slightly larger share of the decline at -5.4% compared to retail/direct at -4.6%. There were ...
There are many ways to break a down trend, but few are better than the 23.9% growth in HECM endorsements seen in June. Overall volumes ...
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% ...
April marked the fourth month in a row with a split in business channel growth for the reverse mortgage industry. For April, Retail declined -6.3% ...
HECM endorsement volumes declined for the fourth month in a row, declining -5% to 4,273 loans in May. That’s the lowest level since September, but ...
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 ...
In February, the wholesale channel increased HECM endorsements in a down month for the industry overall, and now in March’s HECM Originators reports we’ve seen ...
