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HECM Trends October 2015
It’s pretty eerie how closely the volume trend line for 2015 has followed 2013 over the past 3 months – see the top of page ...
- Filed Under: HECM Trends, Uncategorized
HECM Originators October 2015
HECM endorsements fell for a second consecutive month in October and once again, wholesale declined faster than retail, dropping -8.6% compared to -6.3%, respectively. As ...
- Filed Under: HECM Originators, Uncategorized
HECM Lenders November 2015
HECM endorsements dropped -7.1% in November to 4,023 loans defying (for now) our prediction from a few months back that we’d see volume below 4,000 ...
- Filed Under: HECM Lenders, Uncategorized
HECM Trends September 2015
HECM endorsements dropped considerably in September, but remained above 2013 and 2014 levels for the same month. Thanks to the past 4 months industry volume ...
- Filed Under: HECM Trends, Uncategorized
HECM Originators September 2015
Happy Thanksgiving to everyone in every corner of the reverse mortgage industry! Hope everyone has fantastic feasts with family and friends. September HECM endorsements dropped ...
- Filed Under: HECM Originators, Uncategorized
HECM Lenders October 2015
HECM endorsements fell -7.3% in October to 4,332 loans. The continued decline shows the impact of Financial Assessment implementation earlier this year as the pre-implementation ...
- Filed Under: HECM Lenders, Uncategorized
HECM Trends August 2015
HECM endorsements hit a high water mark in August, reaching 5,749 loans. That was higher than 2013 and 2014 for August, and overall was the ...
- Filed Under: HECM Trends, Uncategorized
HECM Originators August 2015
We’ve been talking for months now about the impending drop in HECM endorsement volumes resulting from FA, but now we know that September was the ...
- Filed Under: HECM Originators, Uncategorized
HECM Lenders Sep 2015
HECM endorsements dropped -18.8% to 4,671 loans in September, ending a very solid 3 month run of volume inflated by borrowers funding loans ahead of ...
- Filed Under: HECM Lenders, Uncategorized
HECM Trends July 2015
HECM endorsement volumes took a breather in July, down -5% from June. Even with the decline, volumes remained above year ago levels and it showed ...
- Filed Under: HECM Trends, Uncategorized
HECM Originators July 2015
HECM endorsements fell -5.1% in July, but the channel split was more interesting than usual. Wholesale/brokered volume grew marginally while Retail/direct dropped -9.3%. That’s out ...
- Filed Under: HECM Originators, Uncategorized
HECM Lenders August 2015
We’ve been waiting for Financial Assessment to bring down HECM endorsement volumes and we’ll have to wait at least one more month – but we’re ...
- Filed Under: HECM Lenders, Uncategorized
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