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One Month In – HECM Trends January 2015

It’s always fun to look at year to date results for the first month of the year because we’re effectively comparing January with last January. ...

Steady Before FA – HECM Originators January 2015

HECM endorsements were relatively flat across both retail (+0.2%) and wholesale (-0.5%) in January, leading to a steady overall industry volume picture. As always though, ...

Short Month – HECM Lenders February 2015

HECM endorsements for February declined -4% to 4,747 loans from last month and dropped a bit more, -8.1% from a year ago. 7 out of ...

Ending Up – HECM Trends December 2014

HECM endorsements finished down -13.1% for the calendar year 2014 at 52,949 loans. That decline was expected with the initial utilization restrictions implemented late last ...

Retail Pacing – HECM Originators December 2014

Retail led the increase in HECM endorsements for December, up 14.7% to 2,867 units compared to 12.1% rise for the industry overall. Wholesale grew somewhat ...

Slightly Positive – HECM Lenders January 2015

January saw HECM endorsements mostly flat from December, rising just 0.1% to 4,946 loans. It’s a decent way to start off the new year, but ...

Sacramento Story – HECM Trends November 2014

Last time in the HECM Trends report we wrote about Nevada bouncing back from the housing crash with growing HECM endorsment activity and this month ...

Lender Rankings – HECM Originators November 2014

HECM endorsements declined modestly in November after a big rise in October, split almost evenly across business channels. Retail originations declined slightly more, down -9.8%, ...

Shifting Markets in Nevada – HECM Trends October 2014

HECM endorsements were up 29% in October, higher than each of the last two years for that month and even October 2011. This month we’ll ...

Brokers Leading – HECM Originators October 2014

October started off the fourth quarter strong for HECM endorsements, rising 28.9% to 4,851 loans. That rise was led by brokers, as the wholesale channel ...

Out With The Old – HECM Lenders December 2014

December HECM endorsements grew 12.1% to 4,942 loans, marking the highest monthly volume since February. With the full year of 2014 now in the books, ...

Keeping Gains – HECM Lenders November 2014

HECM endorsements declined -9.1% in November to 4,410 loans but retained most of the big gains from October. Given this somewhat expected pullback we’re not ...

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