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Wholesale Bounces Back – HECM Originators November 2011

We’ve known for months that Wells Fargo’s exit would have a major impact on HECM endorsement totals, with the expectation that all else being equal ...

Muddling Into 2012 – HECM Lenders December 2011

Happy New Year! 2012 may yet become a fantastic year or a dismal one, but the best thing about this year is the vast potential ...

By (Saint) George! – HECM Trends October 2011

It’s been a while since we wrote about a hot HECM market bucking the national downtrend, but this month we have a very interesting one ...

Retail Channel Trumps Wells Decline – HECM Originators October 2011

Now that we know November’s endorsement totals weren’t as scary as they could have been, it puts October’s reports in a different light. We reported ...

Glass Half Full – HECM Lenders November 2011

November HECM endorsements totaled 4,654, up 1 loan from last month. The lack of change in industry overall volume is remarkable considering the second shoe ...

Staying the Course – HECM Trends September 2011

HECM endorsements were down -3.8% in September, and TPO/Wholesale fared worse than Retail/direct volumes. If we put that together with what we already know about ...

Channeling volume – HECM Originators September 2011

October HECM endorsement totals were spooky as Wells Fargo’s volume slid down the exit ramp, but what more can we learn about September now that ...

Well, Well, Wells – HECM Lenders October 2011

We’ve known for some time now that Wells Fargo’s endorsement numbers would drop dramatically as we headed toward the end of the year – now ...

Retail Rising – HECM Originators August 2011

Last month’s HECM Lenders report showed us that industry volume was up 5.3% in August, despite an expectation of lower totals for the rest of ...

Silver Linings – HECM Trends August 2011

Last month we looked at state growth rates since 2007 and found North Carolina looking rosy with Texas holding its own. This month we’ll examine ...

Winners Emerging – HECM Lenders September 2011

September HECM endorsement numbers were down -3.7% from last month to 5,590. The number of active lenders continues to decline but has started to bottom ...

Carolina In My Mind – HECM Trends July 2011

This report has been re-named HECM Trends. Archived reports of the previous Industry Trends reports can still be found here. Last month in this report ...

A New Look At Originators – HECM Originators July 2011

This is the first issue of the HECM Originators report, which takes the place of “Wholesale Leaders” for rankings of retail and TPO/broker/wholesale business. July ...

Downshifting – HECM Lenders August 2011

Lender volume presented on this report includes third party originations (TPO) of any company not FHA approved under their approved sponsor lender. As of this ...

Finding Growth In A Downturn – Industry Trends June 2011

As we’ve previously noted, HECM endorsements year to date through June are running 5.5% above last year’s level, but we fully expect to see that ...

Smoother Sailing – Wholesale Leaders June 2011

This report will be known as “HECM Originators” starting next month to identify it as the best source of rankings of all companies originating HECM ...

Second Half Swoon – Retail Leaders July 2011

Lender volume presented on this report includes third party originations (TPO) of any company not FHA approved under their approved sponsor lender. As of next ...

Industry Trends May 2011

Heading into the August vacation season, and our writing frenzy has apparently left early. Rather than hold up the report while waiting for inspiration to ...

BofA Reverse Post Mortem – Wholesale Leaders May 2011

We promised a closer look at the impact of BofA exiting the industry in our Retail Leaders report earlier this month, so let’s dive in. ...

Happy Landings – Retail Leaders June 2011

Another month is in the books, and while volumes continue to be less than stellar, we’re getting a better picture of what the major lender ...

Altered States – Industry Trends April 2011

Last month in the Industry Trends report we talked about which factors are most linked with higher reverse mortgage loan volumes. We’re not diving to ...

Going TPO – Wholesale Leaders April 2011

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 ...

Body Shots – Retail Leaders May 2011

We had such a favorable response to the boxing title last newsletter that we’re sticking with it today. And judging by May’s endorsement total, we ...

Punching Above Weight – Industry Trends March 2011

We’ve been asked many times where was the best place for a reverse mortgage company/consultant to spend precious marketing dollars. While we can’t claim to ...