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Topsy Turvy – HECM Originators April 2015
April marked the fourth month in a row with a split in business channel growth for the reverse mortgage industry. For April, Retail declined -6.3% ...
- Filed Under: HECM Originators, Uncategorized
Four Again – HECM Lenders May 2015
HECM endorsement volumes declined for the fourth month in a row, declining -5% to 4,273 loans in May. That’s the lowest level since September, but ...
- Filed Under: HECM Lenders, Uncategorized
March Moderation – HECM Trends March 2015
HECM endorsement volume dropped -1.7% in March, but that was less than the drop a year ago so the year to date volume decline moderated ...
- Filed Under: HECM Trends, Uncategorized
Flip Flop – HECM Originators March 2015
In February, the wholesale channel increased HECM endorsements in a down month for the industry overall, and now in March’s HECM Originators reports we’ve seen ...
- Filed Under: HECM Originators, Uncategorized
Little Dipper – HECM Lenders April 2015
HECM endorsements declined -3.1% in April to 4,497 loans from March. The decline was fairly broad based and reflects some weakness in fundings during the ...
- Filed Under: HECM Lenders, Uncategorized
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
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