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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
HECM Trends May 2015
For the country as a whole HECM endorsements declined -1.9% in the year through May, but as always some areas of the nation are doing ...
- Filed Under: HECM Trends, Uncategorized
HECM Originators May 2015
HECM endorsements dropped -4.9% in May, with wholesale/brokers bearing a slightly larger share of the decline at -5.4% compared to retail/direct at -4.6%. There were ...
- Filed Under: HECM Originators, Uncategorized
Surging Up – HECM Lenders June 2015
There are many ways to break a down trend, but few are better than the 23.9% growth in HECM endorsements seen in June. Overall volumes ...
- Filed Under: HECM Lenders, Uncategorized
Almost Growing – HECM Trends April 2015
April HECM endorsements were down a little from March but higher than a year ago, which brings the year to date tally to just -1.1% ...
- Filed Under: HECM Trends, Uncategorized
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