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Heading into the August vacation season, and our writing frenzy has apparently left early. Rather than hold up the report while waiting for inspiration to strike, we’ve attached the report below.
See you next week with Retail Leaders and our first look at July endorsements!
Click on the image below to view the full Industry Trends report for this month.
HECM endorsements dropped a further -6.7% to 1,790 loans in September, the lowest total since April 2020. Last month we were wondering if decent case number issuance might pull the
HECM endorsements dropped -5.7% to 1,919 loans in August, the lowest total since February. We don’t have application data (HECM cases issued) beyond June yet, but we did see an
HECM endorsements dropped -1.5% to 2,034 loans last month, although the lender count dropped considerably more (-10.3%). HECM applications dipped slightly under 3,000/month in June, the first time we’ve seen
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