HECM volumes took it on the chin in September, dropping -10.6% from August. Retail (-11.1%) and Wholesale (-9.9%) fell by similar percentages, with … Read More
Shifting Tides – HECM Originators August 2012
August HECM endorsements bounced back up 7.1% from what we now know was only the first exceedingly low volume month in Q3. We also see that the bounce … Read More
Changing Channels – HECM Originators July 2012
In our HECM Lenders report about July's volumes, we noted that Metlife's exit seemed to work through the endorsement numbers faster than Wells and … Read More
Gaining Share – HECM Originators April 2012
HECM endorsements rose 5% in April, with the increase roughly similar across both retail/direct and TPO/wholesale channels. These aggregate numbers … Read More
March Madness – HECM Originators March 2012
March was the lowest month in recent memory for HECM endorsements, down -19.3% to 4,374 loans. We have to go all the way back to September of 2005 to … Read More
Wholesale Bounces Back – HECM Originators November 2011
We've known for months that Wells Fargo's exit would have a major impact on HECM endorsement totals, with the expectation that all else being equal … Read More
Retail Channel Trumps Wells Decline – HECM Originators October 2011
Now that we know November's endorsement totals weren't as scary as they could have been, it puts October's reports in a different light. We … Read More
A New Look At Originators – HECM Originators July 2011
This is the first issue of the HECM Originators report, which takes the place of "Wholesale Leaders" for rankings of retail and TPO/broker/wholesale … Read More
Smoother Sailing – Wholesale Leaders June 2011
This report will be known as "HECM Originators" starting next month to identify it as the best source of rankings of all companies originating HECM … Read More
Second Half Swoon – Retail Leaders July 2011
Lender volume presented on this report includes third party originations (TPO) of any company not FHA approved under their approved sponsor lender. As … Read More
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