Know Instantly Who Qualifies, How They Benefit, and What You’ll Earn with Reverse Qualifier. Learn More.
Know Instantly Who Qualifies, How They Benefit, and What You’ll Earn with Reverse Qualifier. Learn More.
Fall is just around the corner in most parts of the country, but thankfully the reverse mortgage business is still heating up after an unseasonable ...
As we wind down the summer with Labor Day in the rear view mirror, it’s perhaps only fitting that the rest of the year is ...
It’s always more fun to report good news (since no one shoots the messenger in these cases!) and August continued a welcome trend higher in ...
Another month in the rear view mirror, and we’ve officially reached the halfway point for the year. We’ve already seen a bounce in volumes from ...
After a very tough May for the reverse mortgage broker business, June provided a welcome bounce that almost kept pace with retail/direct endorsements. Broker volume ...
We’re a few days behind our usual schedule as we enjoyed a quick trip out to Dallas for Reverse Mortgage Day in Texas. As always, ...
In last week’s report, we talked about how younger borrowers (read: Baby Boomers) are changing the face of the reverse mortgage industry by selecting reverse ...
We just got back from the NRMLA Irvine Roadshow and as always, heard some very interesting ideas and discussions about the industry’s current opportunities and ...
Since we already know that May’s volume levels rebounded a bit in June, it doesn’t feel quite so disheartening to show the headline graph from ...
May’s volume was notable for being the lowest on record for 5 years, but the difference between broker/wholesale volume and retail/direct was just as stark. ...
Most years you want to see some good news before you’re six months in, but given all the headwinds for the industry we’ll take our ...
May’s application numbers have good news and bad news for the reverse mortgage industry. The good news: apps grew for the fourth straight month since ...
We’ve been talking the past few months about a few specific markets around the country that have weathered the storm of decreased volume, most notably ...
For the third straight month now, wholesale/broker endorsements shrank more than retail/direct endorsement volumes. In April, brokers saw 7.4% less volume while retail lenders shrank ...
We suggested in last month’s report that we expect endorsement volumes to get worse before they get better, and May certainly proved that point. It ...
One of the most interesting conversations going on today in the reverse mortgage arena is how much the recent product changes (reducing upfront cost to ...
If you want to see a telling visual of our industry’s pain, check out page 1 of this month’s report. The first graph showing year ...
As we already saw in the March Retail Leaders report, the decline in HECM applications has led to a dramatic drop in endorsements just as ...
As we saw last month, the downtrend in application numbers is finally starting to significantly impact endorsement numbers. That trend has continued in April, with ...
We started getting word in mid February that application activity was picking up a bit after what we knew were several very depressed months following ...
Last month we took a close look at the Baltimore area, highlighting the good performance seen in the city and county relative to what the ...
There’s a new sheriff in town, and that sheriff is Generation Mortgage. Ok, that may be a little extreme, but on an endorsement volume basis ...
HUD published the monthly endorsement numbers on Thursday, and we are finally really starting to see the effects of the lower level of application on ...
If there’s one thing we were hoping to see these last few months, it’s an increase in application volumes back to something approaching ‘normal’. While ...
