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Long View – HECM Trends May 2014
May’s HECM endorsement volume was down -15.6% from 2013 but up 1.5% from 2012. It’s tempting to say that 2014 will come in near 2012 ...
- Filed Under: HECM Trends, Uncategorized
HECM Originators May 2014
HECM endorsements rose 7.8% in May, but the big winners were retail lenders with volume up 12.2% compared to just a 2% rise for broker/wholesale ...
- Filed Under: HECM Originators, Uncategorized
Two Steps Back – HECM Lenders June 2014
We’d like to blame our business trip to the East Coast for our delay in getting this newsletter sent out, but in reality we’re still ...
- Filed Under: HECM Lenders, Uncategorized
Sand States – HECM Trends April 2014
We had a discussion with a forward mortgage vendor this week who asked where the top reverse mortgage markets could be found. After discussing the ...
- Filed Under: HECM Trends, Uncategorized
Down or Flat? – HECM Originators April 2014
HECM endorsements declined -9.7% in April, but it was a tale of two business channels as retail/direct volume was flat but wholesale/broker volume declined -19.9%. ...
- Filed Under: HECM Originators, Uncategorized
One Step Forward – HECM Lenders May 2014
HECM endorsements for May rose 7.9% to 4,498 loans, but still down -12.9% from last year. Eight of the ten regions we track rose, with ...
- Filed Under: HECM Lenders, Uncategorized
Growing Dollars – HECM Trends March 2014
In this edition of our HECM Trends report, we’re focused on geographies with growing dollar volumes of HECM endorsements around the country. Loan counts might ...
- Filed Under: HECM Trends, Uncategorized
Volatile Rankings – HECM Originators March 2014
Month to month HECM endorsement volume is always volatile, but the past few months have seen more than the usual jumps in lender rankings and ...
- Filed Under: HECM Originators, Uncategorized
Slimmer Pickings – HECM Lenders April 2014
HECM endorsements totaled 4,170 loans in April, down -9.7% from March and the lowest level of the past twelve months. We’ve been suggesting for a ...
- Filed Under: HECM Lenders, Uncategorized
Middling Through – HECM Trends Feb 2014
February HECM endorsements came in right between 2012 and 2013 volumes for the month, but we’re likely to see monthly totals below the 2012 line ...
- Filed Under: HECM Trends, Uncategorized
Wholesale Holding – HECM Originators February 2014
A second straight month of increased endorsements and now we know wholesale/broker volumes were ahead of retail too. Total HECM endorsements were up 2.1% in ...
- Filed Under: HECM Originators, Uncategorized
Hanging Around – HECM Lenders March 2014
HECM endorsements dropped -10.6% in March to 4,618 loans. That’s an even larger decline (-20.9%) compared to last March, although that’s partly because March 2013 ...
- Filed Under: HECM Lenders, Uncategorized
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