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HECM Lenders – May 2024
May blossomed beautifully for HECM endorsements, with the pace of growth so far this year increasing noticeably. Endorsement volume grew 16.9% to 2,460 loans. But ...
- Filed Under: HECM Lenders
HECM Originators – Mar 2024
HECM endorsements dropped -4.2% in March, with the channel performance completely flipping from last month. Retail/direct bounced back 9% while Wholesale/broker dropped -2.3%. The largest ...
- Filed Under: HECM Originators
Lenders Leaping – HECM Lenders Apr 2024
April continued the slow but steady rise in endorsements, with 2,105 loans representing a 2.3% increase from March. And yet again, we saw March case ...
- Filed Under: HECM Lenders
HECM Originators – Feb 2024
HECM endorsements dropped -8.3% in February, but that masked a slight improvement in Wholesale/broker volumes (+3.9%) as Retail/direct sank -15.7%. While the shortest month of ...
- Filed Under: HECM Originators
Bouncing… – HECM Lenders March 2024
March saw a nice little bounce in HECM endorsement volumes, up 8.3% to 2,058 loans. Even more importantly (in terms of future volumes), we also ...
- Filed Under: Uncategorized
HECM Originators – January 2024
HECM endorsements started the year slowly, but Retail/direct volume suffered disproportionately (dropping -3.7%) while Wholesale/brokers actually gained ground, rising 2% in the month. That’s mildly ...
- Filed Under: HECM Originators
Dry Well – HECM Lenders Feb 2024
If there’s one thing the low volume in case numbers issued the past few months tells us, it’s that endorsements will eventually follow suit. The ...
- Filed Under: HECM Lenders
HECM Originators – Dec 2023
Our last report for 2023 is here! We already knew 2023 endorsements dropped -48.1% from 2022 as higher interest rates drove refinances to near zero ...
- Filed Under: HECM Originators
Same Old – HECM Lenders Jan 2024
HECM endorsements dropped -1.7% to 2,153 loans in January, as the new year started off with the same old drift lower for originations. Half of ...
- Filed Under: HECM Lenders
Thud – HECM Lenders Dec 2023
HECM endorsements dropped -3% to 2,190 loans in December, providing the resounding thud to a year those still in the industry will be happy to ...
- Filed Under: HECM Lenders
HECM Originators – October 2023
After a 3 month hiatus with data delays and a truncated report, HECM Originators is back just in time for the holiday season! Of course, ...
- Filed Under: HECM Originators
Coasting In – HECM Lenders Nov 2023
HECM endorsements dropped -15.4% to 2,257 loans in November. We haven’t seen any case number issuance data since August, but it’s a fair bet that ...
- Filed Under: HECM Lenders
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