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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
HECM Trends June 2015
HECM endorsements saw a big jump in June thanks to borrowers acting ahead of Financial Assessment implementation: applying and receiving a case number prior to ...
- Filed Under: HECM Trends, Uncategorized
HECM Originators June 2015
HECM endorsements jumped 24% in June as borrowers rushed in before Financial Assessment rules would apply to their loans (all case numbers issued after April ...
- Filed Under: HECM Originators, Uncategorized
HECM Lenders July 2015
HECM endorsements fell 5% to 5,029 loans in July, but still represent the second highest level of the past 12 months trailing only last month’s ...
- Filed Under: HECM Lenders, Uncategorized
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