HECM endorsement volume dropped 15.5% in June to 2,838 units, the lowest endorsement level seen since May ’05.
Being short staffed with the holiday and travel, we are keeping the commentary to that headline number this month.
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No HECMs were endorsed in October, so November’s figures are inflated relative to a normal month due to the delays resulting from the government shutdown. With that said, we are
HECM endorsements rose 7.2% in September to 2,211 loans, bouncing back from a weak August total. The regions were generally higher, with 6 of the 10 showing gains: The top
HECM endorsements declined -2.3% to 2,243 loans in June, as May proved to be an one month blip. As we have seen so many times in the past, the Wholesale/broker
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