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Two Down – HECM Trends February 2015
Two months into the year HECM endorsements are down -5.5% from last year’s comparable period and slightly less so from the weak start in 2013. ...
- Filed Under: HECM Trends, Uncategorized
Bucking Brokers – HECM Originators Feb 2015
HECM endorsements fell -4.5% in February, but brokers bucked the trend with an increase of 4.7% while the retail channel declined -11%. Several lenders also ...
- Filed Under: HECM Originators, Uncategorized
Refinancing Situation – HECM Lenders March 2015
HECM endorsements for March declined -2.3% to 4,640 loans from last month. Endorsements are always a trailing indicator for our industry, and on that basis ...
- Filed Under: HECM Lenders, Uncategorized
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. ...
- Filed Under: HECM Trends, Uncategorized
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, ...
- Filed Under: HECM Originators, Uncategorized
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 ...
- Filed Under: HECM Lenders, Uncategorized
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 ...
- Filed Under: HECM Trends, Uncategorized
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 ...
- Filed Under: HECM Originators, Uncategorized
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 ...
- Filed Under: HECM Lenders, Uncategorized
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 ...
- Filed Under: HECM Trends, Uncategorized
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%, ...
- Filed Under: HECM Originators, Uncategorized
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 ...
- Filed Under: HECM Trends, Uncategorized
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