HECM endorsements declined -14% in February, continuing the decline seen in February..
None of the 10 regions we track were up on the month, with only one (Northwest/Alaska) unchanged for the period.
One a better note, three of the top ten lenders saw volume increases:
- American Advisors Group volume was up 108 units to 799 loans
- Fairway continued its rise, and increased 31% to 197 loans
- Hightech Lending upped their total by 38%
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