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HECM Originators – September 2021

September saw a return to normal for HECM endorsements, with loan count rising 17.6% after a disappointing August to full recover to the tight range ...

Jumping Higher – HECM Lenders October 2021

HECM endorsements jumped 16.3% to 5,029 loans in October, in an emphatic move higher after a swoon in August. As always, it’s best to take ...

HECM Originators – August 2021

August was a bit of a lost month for HECM endorsements, as we saw volume drop -14.1%. Some combination of summer vacations, endorsement lag times, ...

Bounce Back – HECM Lenders September 2021

HECM endorsements bounced back 17.6% to 4,326 loans, with vacation season over and even the latest government shutdown averted (for now). The regions were almost ...

HECM Originators – July 2021

HECM endorsements rose 2.8% in July to 4,276 loans. Wholesale declined for a fourth straight month, dropping -1.7% while Retail bounced back 5.9% from a ...

Dog Days – HECM Lenders Aug 2021

HECM endorsements dropped -14.3% to 3,679 loans, as it felt like everyone caught up on 2 years of vacation this summer. The drop is a ...

HECM Originators – June 2021

HECM endorsements dropped -4.2% in June to 4,158 loans. Wholesale declined -2.1% to outperform Retail (-5.6%) for the first time in 5 months. That subtle ...

Fashionably Late – HECM Lenders July 2021

HECM endorsements rose 3.2% in July to 4,293 loans, in a slightly delayed release due to system updates at HUD. While we again saw only ...

HECM Originators – May 2021

HECM endorsements rose 3.8% in May, with Retail (+10.7%) outperforming Wholesale (-5%) for the 4th consecutive month. Only 3 of the top 10 lenders increased ...

Smaller Stories – June 2021

HECM endorsements fell -4.4% in June to finish at 4,160 loans, extending the industry’s current streak to 7 consecutive months above the 4,000 loan level. ...

HECM Originators – April 2021

HECM endorsements dropped -0.8% in April as Retail outpaced Wholesale yet again. Retail grew 2.5% to 2,357 loans while Wholesale declined -4.7% to 1,825 loans. ...

Winners Run – HECM Lenders May 2021

HECM endorsements grew 3.9% in May, finishing at 4,350 loans. There’s a saying in the stock market that traders should let winning positions “run,” or ...

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