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HECM Lenders – September 2020

HECM endorsements continued their slow drift downward in September, falling 1.75% from August numbers. Only one of the ten HUD regions added volume in the ...

HECM Originators – July 2020

HECM endorsements ticked up 1.2% in July, settling out after the initial remote working volatility in these numbers. Wholesale bounced back 10.6% after a significant ...

HECM Lenders – August 2020

HECM endorsements declined -5.9% in August to 4,007 loans, as reverse mortgage volume continues to be strong in the pandemic era. Four of the ten ...

HECM Originators – June 2020

HECM endorsements dropped back in June as the backlog clearing spike in May receded. Volume declined 16.4% to 4,203 loans, which was still good for ...

HECM Lenders – July 2020

HECM endorsements grew 1.1% in July to 4,256 loans, lending further credibility to the increased volume levels since initial pandemic slowdowns in endorsement processing for ...

HECM Originators – May 2020

HECM endorsements recovered dramatically in May after HUD and lender operations challenges related to the pandemic constrained volume in April. Rather than comparing May to ...

HECM Lenders – June 2020

HECM endorsements fell -16.5% in June from a inflated May total artificially by the backlog from April, but still registered the second highest monthly total ...

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 ...

HECM Lenders – May 2020

Last month we weren’t depressed by incredibly low April HECM endorsement numbers, and this month we look at the figures as catching up rather than ...

HECM Originators – March 2020

HECM endorsements dropped -14.1% in March to 2,905 loans. The top 10 outperformed again, dropping -11.1%. 4 of the top 10 lenders bucked the trend ...

HECM Lenders – April 2020

The coronavirus pandemic has distorted many numbers, and we can add one more casualty. HECM endorsements crashed -45% in April to 1,601 loans, lower than ...

HECM Originators – February 2020

HECM endorsements dropped -13.7% in February to 3,381 loans after a truly impressive start to 2020. The top 10 as a group did a bit ...

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