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Ball Dropped – HECM Lenders December 2012

It’s perhaps fitting that December HECM endorsement totals came in at 3,912 loans, down -11.8% from November and registering the 4th month below 4,000 loans ...

HECM Lenders – November 2012

The industry endorsements increased 18.5% for the month of November, coming in at 4,436 vs the 3,745 reported last month. This marks the best month ...

Looking Out – HECM Trends September 2012

We’re just as curious to hear what FHA will announce as you are, and while we think there are some reasonable options available to address ...

Lender Rankings – HECM Originators Sep 2012

HECM volumes took it on the chin in September, dropping -10.6% from August. Retail (-11.1%) and Wholesale (-9.9%) fell by similar percentages, with the drop ...

Sorting Out – HECM Lenders October 2012

HECM endorsements for October totaled 3,745, growing a paltry 1.1% from the low registered in September. This wasn’t a large enough increase to even beat ...

Better Than Average – HECM Trends August 2012

Last month in this space we talked about three cities where average home values were growing for HECM loans, and this month we’ll follow that ...

Shifting Tides – HECM Originators August 2012

August HECM endorsements bounced back up 7.1% from what we now know was only the first exceedingly low volume month in Q3. We also see ...

Second Shoe – HECM Lenders September 2012

HECM endorsements for September totaled 3,706 loans, down 10.1% from August. The drop was felt across the nation, with 9 of 10 regions tracked seeing ...

Comeback Cities – HECM Trends July 2012

The single most notable fact about July’s HECM endorsement figures is the volume decline. That stands out in stark relief on page 1 of HECM ...

Changing Channels – HECM Originators July 2012

In our HECM Lenders report about July’s volumes, we noted that Metlife’s exit seemed to work through the endorsement numbers faster than Wells and BofA ...

Holding Steady – HECM Lenders August 2012

HECM endorsements were up 6.6% in August to 4,122 loans, bouncing back from a level not seen in many years but still the second lowest ...

City View – HECM Trends June 2012

We’ve written before about the pockets of reverse mortgage growth in what continues to be a down market for the industry overall and this month’s ...

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