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HECM endorsements fell 5% to 5,029 loans in July, but still represent the second highest level of the past 12 months trailing only last month’s ...
There are many ways to break a down trend, but few are better than the 23.9% growth in HECM endorsements seen in June. Overall volumes ...
HECM endorsement volumes declined for the fourth month in a row, declining -5% to 4,273 loans in May. That’s the lowest level since September, but ...
HECM endorsements declined -3.1% in April to 4,497 loans from March. The decline was fairly broad based and reflects some weakness in fundings during the ...
HECM endorsements for March declined -2.3% to 4,640 loans from last month. Endorsements are always a trailing indicator for our industry, and on that basis ...
HECM endorsements for February declined -4% to 4,747 loans from last month and dropped a bit more, -8.1% from a year ago. 7 out of ...
January saw HECM endorsements mostly flat from December, rising just 0.1% to 4,946 loans. It’s a decent way to start off the new year, but ...
December HECM endorsements grew 12.1% to 4,942 loans, marking the highest monthly volume since February. With the full year of 2014 now in the books, ...
HECM endorsements declined -9.1% in November to 4,410 loans but retained most of the big gains from October. Given this somewhat expected pullback we’re not ...
November 1 traditionally marks the return of the NBA to our living rooms, but more importantly this year also saw a big jump in the ...
HECM endorsements bounced back from a dismal showing in August, rising 15.5% to 3,762 loans. That’s still below last year’s pace of 4,527 loans, but ...
HECM endorsements for August underlined the dog days of summer, declining -20.4% to 3,256 loans. Applications and funding have turned the corner back up toward ...
HECM endorsements rose 4.2% to 4,092 loans in July, up from the 18 month low reached in June. Seven of the ten regions we track ...
We’d like to blame our business trip to the East Coast for our delay in getting this newsletter sent out, but in reality we’re still ...
HECM endorsements for May rose 7.9% to 4,498 loans, but still down -12.9% from last year. Eight of the ten regions we track rose, with ...
HECM endorsements totaled 4,170 loans in April, down -9.7% from March and the lowest level of the past twelve months. We’ve been suggesting for a ...
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 ...
HECM endorsements rose 2.1% in February to 5,166 loans. This small rise put the industry back into positive year over year territory after showing a ...
HECM endorsements rose 19.8% in January to 5,061 loans, the highest total since August. Just last month we speculated that volume would dip in the ...
The last of the HECM endorsements for 2013 are in the books! HECM endorsements dropped -10% to 4,223 loans in December, while 2013 total loans ...
HECM endorsements for November rose 12% to 4,690 loans, marking the impact of standard ARM applications taken before the Sep 30th program changes. We expect ...
NRMLA’s annual convention is just around the corner. Since we want everyone feeling good and happy next week at the conference, lets look at the ...
HECM endorsements dropped -15.9% in September to 4,527 loans in the beginning of what we expect to be a trend of falling volumes related to ...
HECM endorsements for August declined -6.5% to 5,382 loans. July’s total was increased by HECM Standard fixed rate volumes working through the pipeline, so we’re ...
