Hanging Around – HECM Lenders March 2014
HECM endorsements dropped -10.6% in March to 4,618 loans. That’s an even larger decline (-20.9%) compared to last March, although that’s partly because March 2013 was the highest volume month for the industry since June 2011 – back when Wells Fargo, Bank of America and Metlife were all three still endorsing loans. For now, we’re […]