HECM Originators – April 2020

We already know that April HECM endorsements dropped off a cliff and recovered in May, which strongly suggested that April’s volume had a lot of other factors than a drop in HECM lending behind the decline.

We now have more detailed data to confirm just how noisy the month was, so rather than analyze it we’ll just publish our usual report for now and wait for detailed data on May to make a more substantive analysis.

HECM Originators