HECM volume dropped significantly in February but together with January are still up 27.9% compared to the first two months last year. Several areas … Read More
HECM Originators – February 2018
HECM endorsements dropped -17.6% in February, split relatively evenly across Retail (-16.9%) and Wholesale (-18.4%) channels. That level of decline … Read More
HECM Lenders – March 2018
And now it's clear that we're in a post 10/2 world for HECM endorsements. Volume declined -17.3% to 4,300 loans in March, the lowest level since July. … Read More
HECM Trends – January 2018
The new year started with a bang, showing a spike in endorsements driven by FHA's HECM product changes that took effect October 2. From a … Read More
HECM Originators – January 2018
HECM endorsements jumped 32.9% in January, with a huge 56.1% growth in Wholesale tempered somewhat by Retail's still impressive 16% increase. As … Read More
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