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HECM Originators – October 2021
HECM endorsements jumped significantly higher in October, and now we know that Wholesale/Broker volume powered 23.2% compared to 12.3% growth for Retail/Direct. We talked plenty ...
- Filed Under: HECM Originators
Consolidating – HECM Lenders November 2021
HECM endorsements inched down -1.5% to 4,953 loans in November, consolidating gains from October with the second highest monthly volume of the year. Five of ...
- Filed Under: HECM Lenders
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 ...
- Filed Under: HECM Originators
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 ...
- Filed Under: HECM Lenders
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, ...
- Filed Under: HECM Originators
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 ...
- Filed Under: HECM Lenders
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 ...
- Filed Under: HECM Originators
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 ...
- Filed Under: HECM Lenders
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 ...
- Filed Under: HECM Originators
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 ...
- Filed Under: HECM Lenders
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 ...
- Filed Under: HECM Originators
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. ...
- Filed Under: HECM Lenders
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