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HECM Originators – July 2019

HECM endorsements rose 8.2% in July, with Retail jumping 12.9% and Wholesale nudging 1.8% higher. 7 of the top 10 lenders gained on the month: ...

HECM Lenders – August 2019

HECM endorsements dropped -15% in August to 2,341 loans, throwing a little cold water on the industry after 6 months of relatively optimistic endorsement volumes ...

HECM Originators – June 2019

HECM endorsements dropped -5.6% in June, as Retail sank -8.7% and Wholesale held steadier at -0.9%. Just 3 of the top 10 lenders gained on ...

HECM Lenders – July 2019

HECM endorsements rose 8.2% in July to 2,754 loans. Lower interest rates on the 10 year swap rate in particular help HECM volume, plus an ...

HECM Lenders – June 2019

HECM endorsements dropped -5.6% in June, lending further support to the idea that 2,500 endorsements per month is the default volume setting for the industry ...

HECM Originators – April 2019

HECM endorsements grew 12.7% in April, with strong Wholesale growth (+21.2%) outpacing slower Retail results (+6.6%) but both contributing to a solid month of volume. ...

HECM Lenders – May 2019

HECM endorsements dropped -7% in May, reinforcing the lumpiness and uncertainty around HECM volumes after an encouraging April tally. Most of the larger regions declined ...

HECM Originators – March 2019

HECM endorsements declined in March without the tailwind from loans built up during the government shutdown. The decline was fairly balanced, with Retail dropping -36.1% ...

HECM Lenders – April 2019

HECM endorsements grew 12.7% to 2,901 loans in April after several months of noisy data due to the government shutdown and a seasonal slowdown at ...

HECM Originators – February 2019

HECM endorsements jumped 142.6% to 4,000 loans in February, as the backlog in endorsements from a partial government shutdown was completed. Retail grew 131.8% to ...

HECM Lenders – March 2019

HECM endorsements dropped -35.7% to 2,573 loans. That is certainly a lot, but is actually very close to the average for Dec-Feb we discussed last ...

HECM Originators – January 2019

HECM endorsements dropped -5.7% to 1,649 loans in January, which we already discussed extensively. Retail declined -6%, coming close to dropping below 1,000 loans for ...

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