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HECM Originators – Apr 2023
The industry overall gave back its AAG exit gains and then some. But just 2 of the other top 8 lenders (excluding RMF) posted declines ...
- Filed Under: HECM Originators
Inching Up – HECM Lenders May 2023
May HECM endorsements inched up 4.6% to 2,053 loans as the case number increases we’ve seen year to date look to be working their way ...
- Filed Under: HECM Lenders
HECM Originators – March 2023
HECM endorsements were up a whopping 73.3% in March, as AAG pushed through a bunch of endorsements ahead of being acquired by FAR. Beyond AAG, ...
- Filed Under: HECM Originators
New Leadership – HECM Lenders Apr 2023
April HECM endorsements fell -48.2% to 1,963 loans, as the noise from multiple corporate transactions in March dropped back out of these results. Judging by ...
- Filed Under: HECM Lenders
Short but Sweet – HECM Originators Feb 2023
HECM endorsements were down -12.2% in February’s short month, with both channels dropping almost identical amounts. It’s the fourth straight month of clean sweep declines, ...
- Filed Under: HECM Originators
Merger Month – HECM Lenders Mar 2023
If we posted this on Saturday we’d have more than one reader suggesting it was a cruel April Fools joke, but the 3rd is the ...
- Filed Under: HECM Lenders
HECM Originators – Jan 2023
HECM endorsements were down -10.8% in January, as Retail/direct dropped -9.4% and Wholesale/broker declined -12.8%. It’s the third straight month of clean sweep declines, with ...
- Filed Under: HECM Originators
Short Month – HECM Lenders Feb 2023
February is always a short month with fewer working days, but last month also marked another new low for HECM volume in the wake of ...
- Filed Under: HECM Lenders
HECM Originators – Dec 2022
HECM endorsements overall were down -14.8% in December, with Wholesale/brokers (-14.9%) and Retail/direct (-14.8%) in virtual lock-step for the second month in a row. Four ...
- Filed Under: HECM Originators
How Short? – HECM Lenders Jan 2023
January HECM endorsements dropped a further -10.7% to 2,489 loans. Rather than beat a dead horse, a picture felt more appropriate here: It’s clear that ...
- Filed Under: HECM Lenders
HECM Originators – Nov 2022
HECM endorsements overall were down -6.6% in November, with Wholesale/brokers (-7.3%) and Retail/direct (-6%) both feeling the drop. Just 3 of the top 10 lenders ...
- Filed Under: HECM Originators
Happy 2023?!? – HECM Lenders Dec 2022
A month ago we were lamenting the RMF bankruptcy news and with Ginnie Mae’s extinguishment of RMF as an HMBS issuer, it’s now clear that ...
- Filed Under: HECM Lenders
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