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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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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. ...
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 ...
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 ...
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 ...
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 ...
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 ...