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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 ...
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. ...
HECM endorsements grew 3.9% in May, finishing at 4,350 loans. There’s a saying in the stock market that traders should let winning positions “run,” or ...
HECM endorsements dropped -0.8% in April, finishing at 4,187 loans. With such a small decline nationally it was a bit surprising to have just 3 ...
HECM endorsements inched up in March, rising 3.8% to 4,220 loans. Growth was found in several regions, including the largest region rising to a new ...
HECM endorsements eased off a bit from January’s level, falling -10.4% to 4,066 loans. Part of this is due to a shorter month with only ...
HECM endorsements started the new year with a bang, rising 10.8% to 4,539 loans. That’s the highest since the surge in May as endorsements caught ...
HECM endorsements finished 2020 well, rising 15.1% to 4,097 loans. It was quite the roller coaster for everyone last year and the reverse mortgage industry ...
HECM endorsements continued their slow trickle downward, losing -4.7% in November to end the month with 3,561 loans. Four of the ten regions grew, but ...
HECM endorsements dropped -5.1% in October, ending the month with 3,737 loans. Geographically, the industry had its two largest regions post declines while half of ...
HECM endorsements continued their slow drift downward in September, falling 1.75% from August numbers. Only one of the ten HUD regions added volume in the ...
HECM endorsements declined -5.9% in August to 4,007 loans, as reverse mortgage volume continues to be strong in the pandemic era. Four of the ten ...
HECM endorsements grew 1.1% in July to 4,256 loans, lending further credibility to the increased volume levels since initial pandemic slowdowns in endorsement processing for ...
HECM endorsements fell -16.5% in June from a inflated May total artificially by the backlog from April, but still registered the second highest monthly total ...
Last month we weren’t depressed by incredibly low April HECM endorsement numbers, and this month we look at the figures as catching up rather than ...
The coronavirus pandemic has distorted many numbers, and we can add one more casualty. HECM endorsements crashed -45% in April to 1,601 loans, lower than ...
HECM endorsements declined -14% in February, continuing the decline seen in February.. None of the 10 regions we track were up on the month, with ...
HECM endorsements declined -13.6% in February, moderating the blistering January pace but still well above levels from early 2019. Just 3 of the 10 regions ...
HECM endorsements started the new decade off with a bang, rising 59.2% to 3,919 loans. That’s the highest monthly total since February, which was artificially ...
HECM endorsements dropped -13.4% in December, ending at 32,482 for calendar 2019. All 10 of the regions we track were down reflecting a broad based, ...
Sorry for the late update here! We’ve been under the weather this week… Click the image below for the full report.
...HECM endorsements increased 36.2% in October, providing a nice sugar rush to this post-Halloween morning for reverse industry folks The regions were all higher, with ...
HECM endorsements increased 3.4% to 2,420 loans in September, continuing a second consecutive month of low production levels. The last time volume was lower than ...
HECM endorsements dropped -15% in August to 2,341 loans, throwing a little cold water on the industry after 6 months of relatively optimistic endorsement volumes ...