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HECM Originators – Sep 2022
HECM endorsements plummeted -43.5% in September, with both wholesale/brokers (-47.3%) and retail/direct (-39.8%) off dramatically from August. The top 10 lenders fared worse collectively than ...
- Filed Under: HECM Originators
HECM Lenders – October 2022
Endorsement numbers for October improved a bit over the volume seen in September, growing a little over 8% month over month. 9 of the 10 ...
- Filed Under: HECM Lenders
HECM Originators – August 2022
HECM endorsements rose 16.3% in August, with wholesale/brokers (25.3%) outperforming retail/direct (8.8%) substantially. Eight of the top ten lenders were up on the month – ...
- Filed Under: HECM Originators
Look Out – HECM Lenders September 2022
Look out below! We’ve been talking about the end of the first real refi boom in HECMs for months now and the proof is finally ...
- Filed Under: HECM Lenders
Lower Together – HECM Originators July 2022
HECM endorsements dropped -17.1% in July, with both channels falling lower together. Retail/direct lenders lost -19.0% while the Wholesale/broker channel dropped -14.7%. Longbridge stood out ...
- Filed Under: HECM Originators
Pulling Up – HECM Lenders Aug 2022
HECM endorsements rose 16.2% in August, after a potentially worrying decline in July. We don’t have an update yet on case numbers issued past June ...
- Filed Under: HECM Lenders
Turbulent Times – HECM Originators June 2022
HECM endorsements rose 2.7% in June, with both channels modestly higher. Retail/direct lenders gained 1.6% while the Wholesale/broker channel rose 4.1%. Five of the top ...
- Filed Under: HECM Originators
Picking Up Steam – HECM Lenders July 2022
HECM endorsements shrank -17% in July, as the increases in 10 year CMT rates from earlier in the year flow through the application/funding/endorsement cycle. A ...
- Filed Under: HECM Lenders
Onward – HECM Originators May 2022
HECM endorsements dropped a further -7.6% in May, with lender volume again falling more than brokers on the month. Retail/direct lenders dropped -8.2% while the ...
- Filed Under: HECM Originators
HECM Lenders June 2022
HECM endorsements shrank rose 2.7% in June, bucking the headwinds from rapidly rising 10 year treasury rates so far, to finish with 5,937 loans. We ...
- Filed Under: HECM Lenders
Tides Recede – HECM Originators April 2022
HECM endorsements eased down -3.7% in April after a recent high in March, with lenders pulling back more than brokers on the month. Retail/direct lenders ...
- Filed Under: HECM Originators
Shifting Forces – HECM Lenders May 2022
HECM endorsements shrank -7.7% in May to 5,783 loans. We have little doubt that the recent rise in 10 year treasury rates influenced that decline, ...
- Filed Under: HECM Lenders
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