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One Up Year – HECM Lenders November 2013

HECM endorsements for November rose 12% to 4,690 loans, marking the impact of standard ARM applications taken before the Sep 30th program changes. We expect ...

HECM Lenders October 2013

NRMLA’s annual convention is just around the corner. Since we want everyone feeling good and happy next week at the conference, lets look at the ...

Growth Guide – HECM Trends July 2013

NRMLA New Orleans is right around the corner – if you’re going to be there too let’s connect! It’s been a while since we’ve published ...

Hello Brokers – HECM Originators July 2013

Updates from a broker and wholesale perspective have been hard to come by this year, but publishing this July edition of HECM Originators should give ...

Downside Risks – HECM Lenders September 2013

HECM endorsements dropped -15.9% in September to 4,527 loans in the beginning of what we expect to be a trend of falling volumes related to ...

Fixed Effects – HECM Lenders August 2013

HECM endorsements for August declined -6.5% to 5,382 loans. July’s total was increased by HECM Standard fixed rate volumes working through the pipeline, so we’re ...

Hunting High And Low – HECM Lenders July 2013

HECM endorsements for July 2013 totaled 5,756 loans, up 7.1% from June and 15.2% year to date. The increase of 48.8% from last July’s dismal ...

Inched Up – HECM Lenders June 2013

HECM endorsements rose 0.4% to 5,372 loans in June, finishing 3.6% above June 2012 level. Despite the very small increase in June, 7 of the ...

Up For Now – HECM Trends April 2013

It’s been seven long months since we last published HECM Trends, and even longer since we’ve shown year to date growth on the report. We’re ...

We’re Back! – HECM Originators April 2013

After a long hiatus, HECM Originators is back with the most accurate lender rankings (including both retail and TPO/broker volume) and originator rankings (including TPOs ...

ARMs Race – HECM Lenders May 2013

HECM endorsements were down 7.2% in May to 5,352 loans and continuing a modest trend of weakness since the recent peak in March. Year to ...

Keep It Up – HECM Lenders April 2013

After a big improvement last month, HECM endorsements declined slightly in April to finish at 5,770 loans, down -1.2% from March. That figure was still ...

Rising Tides – HECM Lenders March 2013

HECM endorsements climbed 20.8% in March to their highest level since June 2011. That date is significant, in that it was the last month Wells ...

Bouncing Around – HECM Lenders February 2013

HECM endorsements declined -6.9% in February after a surge in January, but stayed well above the average for the prior 11 months at 4,833 loans. ...

Ringing Up The New Year – HECM Lenders January 2013

In the first report of 2013, HECM endorsements were up 32.6% to 5,189 – the highest level we’ve seen since last February. It’s possible that ...

Ball Dropped – HECM Lenders December 2012

It’s perhaps fitting that December HECM endorsement totals came in at 3,912 loans, down -11.8% from November and registering the 4th month below 4,000 loans ...

HECM Lenders – November 2012

The industry endorsements increased 18.5% for the month of November, coming in at 4,436 vs the 3,745 reported last month. This marks the best month ...

Looking Out – HECM Trends September 2012

We’re just as curious to hear what FHA will announce as you are, and while we think there are some reasonable options available to address ...

Lender Rankings – HECM Originators Sep 2012

HECM volumes took it on the chin in September, dropping -10.6% from August. Retail (-11.1%) and Wholesale (-9.9%) fell by similar percentages, with the drop ...

Sorting Out – HECM Lenders October 2012

HECM endorsements for October totaled 3,745, growing a paltry 1.1% from the low registered in September. This wasn’t a large enough increase to even beat ...

Better Than Average – HECM Trends August 2012

Last month in this space we talked about three cities where average home values were growing for HECM loans, and this month we’ll follow that ...

Shifting Tides – HECM Originators August 2012

August HECM endorsements bounced back up 7.1% from what we now know was only the first exceedingly low volume month in Q3. We also see ...

Second Shoe – HECM Lenders September 2012

HECM endorsements for September totaled 3,706 loans, down 10.1% from August. The drop was felt across the nation, with 9 of 10 regions tracked seeing ...

Comeback Cities – HECM Trends July 2012

The single most notable fact about July’s HECM endorsement figures is the volume decline. That stands out in stark relief on page 1 of HECM ...