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Our “Industry Trends” report is now available, with data updated through November ’09.
The stories haven’t changed much throughout the year – since the lending limits were raised to $625,500, the areas of strength have mostly been concentrated in high value neighborhoods such as Brooklyn, NY, San Francisco and San Jose and Orange County, CA. In […]
Our Industry Trends report for October is now available (see the link at the bottom of this post for the full PDF).
We’ve been talking quite a bit about how anecdotally the volume appears to be moving into the higher home value areas, and we wanted to show just how prevalent the trend is this year. […]
We may not think of Q3 as having any surprises left for us, but rather than harping on the continued HECM volume move to higher home value areas, let’s shift gears a bit.
HECM refinances are not a new story for anyone who has been reading our newsletter for the past year, and indeed that story […]
What makes the difference between a successful originator and someone who is getting out of the business in 2009? In our humble opinion it probably has a lot to do with an old saying that “all markets are local.” It’s never been more true in the reverse mortgage industry, as the combination of changes to […]
The end of August is near, and that means it’s time for the monthly Industry Trends report. We’ve mentioned a couple times already that endorsement volume for the year is running almost neck and neck with last year – it’s a virtual dead heat as 2009 numbers trail 2008 by 21 units. But what makes […]
Where is the summer going? Already the end of July, but not to worry as we have a fresh batch of industry trends for you just in time for month end. A bit of housekeeping before we talk about the highlights of the report: For those of you who read this via email, the report […]
Yes, we know that it’s July and this report shows May numbers, but rest assured it’s not a typo. We’re crossing our fingers that we’ll be back on track with our June results — believe us when we say that we’d prefer to get these out ASAP… But, its summer, and we can’t promise that […]
April’s Industry Trends report is finally out, a bit later than normal, but still chock full of interesting statistics. Two record months in a row of endorsements has moved the reverse mortgage industry from a negative 1% relative performance to a +4.5% increase over YTD volume last year. While it’s not a large increase, we […]
A record endorsement month in March has generated lots of excitement in the industry, so let’s get below the headline and see where the profitable stories are to be found. Year to date volume is just about even with last year’s pace at this time (down 1%), but that masks a flat January, weak February […]
We hope you’re all having a great start to spring and enjoying the fruits of higher HECM loan limits. As promised, we’re rolling out our second new publication this month, featuring comprehensive industry trends. If you’ve ever wondered where our industry has been most successful, there are two different ways to look at it in […]
