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September 1, 2023
Higher But – HECM Lenders Aug 2023
HECM endorsements rose 6.4% to 2,980 loans in August, another post-November high (if we exclude March’s unnaturally boosted figure from corporate actions).
We note that endorsements are higher, but case numbers issued have been falling for several months now and this is simply unsustainable. The easy bet here is that endorsements fall in […]
August 14, 2023
HECM Originators – June 2023
June HECM endorsements bounced back from May’s rainy day, but just half of the top 8 lenders grew their own volume on the month.
August 1, 2023
Sunnier Side – HECM Lenders July 2023
July HECM endorsements rose 9.4% to 2,802 loans, the highest level since November if we exclude March’s unnaturally boosted figure from corporate actions.
The geographic view reflected the bright results too, with 8 of the 10 regions showing improvement:
July 13, 2023
HECM Originators – May 2023
May saw the industry creep up a touch, while just 2 of the top 8 lenders dropped volume.
May also brought encouraging signs on the case numbers issued front, with total volume […]
July 3, 2023
Coming Together – HECM Lenders June 2023
May HECM endorsements jumped 24.7% to 2,561 loans as the acquisition of AAG by FAR looks to be settling out in the volume figures. More to come on this in the second set of bullet points for today!
While the month was more of a lender story than a regional one in our opinion, it makes […]
June 13, 2023
HECM Originators – Apr 2023
The industry overall gave back its AAG exit gains and then some. But just 2 of the other top 8 lenders (excluding RMF) posted declines – quite a divergence!
Bank turbulence and the resulting impact on […]