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Retail Channel Trumps Wells Decline – HECM Originators October 2011

Now that we know November’s endorsement totals weren’t as scary as they could have been, it puts October’s reports in a different light. We reported ...

Glass Half Full – HECM Lenders November 2011

November HECM endorsements totaled 4,654, up 1 loan from last month. The lack of change in industry overall volume is remarkable considering the second shoe ...

Staying the Course – HECM Trends September 2011

HECM endorsements were down -3.8% in September, and TPO/Wholesale fared worse than Retail/direct volumes. If we put that together with what we already know about ...

Channeling volume – HECM Originators September 2011

October HECM endorsement totals were spooky as Wells Fargo’s volume slid down the exit ramp, but what more can we learn about September now that ...

Well, Well, Wells – HECM Lenders October 2011

We’ve known for some time now that Wells Fargo’s endorsement numbers would drop dramatically as we headed toward the end of the year – now ...

Retail Rising – HECM Originators August 2011

Last month’s HECM Lenders report showed us that industry volume was up 5.3% in August, despite an expectation of lower totals for the rest of ...

Silver Linings – HECM Trends August 2011

Last month we looked at state growth rates since 2007 and found North Carolina looking rosy with Texas holding its own. This month we’ll examine ...

Winners Emerging – HECM Lenders September 2011

September HECM endorsement numbers were down -3.7% from last month to 5,590. The number of active lenders continues to decline but has started to bottom ...

Carolina In My Mind – HECM Trends July 2011

This report has been re-named HECM Trends. Archived reports of the previous Industry Trends reports can still be found here. Last month in this report ...

A New Look At Originators – HECM Originators July 2011

This is the first issue of the HECM Originators report, which takes the place of “Wholesale Leaders” for rankings of retail and TPO/broker/wholesale business. July ...

Downshifting – HECM Lenders August 2011

Lender volume presented on this report includes third party originations (TPO) of any company not FHA approved under their approved sponsor lender. As of this ...

Finding Growth In A Downturn – Industry Trends June 2011

As we’ve previously noted, HECM endorsements year to date through June are running 5.5% above last year’s level, but we fully expect to see that ...

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