HECM Trends – October 2016

HECM endorsements increased 4.8% in October to moderate year to date change to a -16.5% drop. We’re also seeing some growing zip codes join the top 10 list at bottom right of page 1:

  • 78633 is outside of Austin, TX and registered 44 loans through the first 10 months of the year, up 12.8% from last year
  • 08757 is the first New Jersey zip code we’ve seen on the list in some time, also coming in at 44 loans but up a more substantial 37.5%

Find out where else HECMs are growing in our full report by clicking the image below.

HECM Trends