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HECM endorsements started the year off higher than last January, which makes for a lot of good growth comparisons around the country on the HECM Trends report.
Find out where else HECMs are growing in our full report by clicking the image below.
HECM endorsements grew 4.9% to 2,064 loans last month. HECM applications (as evidenced by case numbers issued) have been consistently above 3,000/month since February, so all indications point to steady
HECM endorsements dropped -5.8% to 1,967 loans in May. The silver lining is that HECM case numbers issued rose to 3,481 in March (the most recent month available) – the
April saw HECM endorsements decline -1.4% to 2,088 loans. Following up on our recent theme of HECMs being just part of the overall reverse mortgage picture, the regional growth/decline picture
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