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HECM endorsements for July 2013 totaled 5,756 loans, up 7.1% from June and 15.2% year to date. The increase of 48.8% from last July’s dismal ...
HECM endorsements rose 0.4% to 5,372 loans in June, finishing 3.6% above June 2012 level. Despite the very small increase in June, 7 of the ...
HECM endorsements were down 7.2% in May to 5,352 loans and continuing a modest trend of weakness since the recent peak in March. Year to ...
After a big improvement last month, HECM endorsements declined slightly in April to finish at 5,770 loans, down -1.2% from March. That figure was still ...
HECM endorsements climbed 20.8% in March to their highest level since June 2011. That date is significant, in that it was the last month Wells ...
HECM endorsements declined -6.9% in February after a surge in January, but stayed well above the average for the prior 11 months at 4,833 loans. ...
In the first report of 2013, HECM endorsements were up 32.6% to 5,189 – the highest level we’ve seen since last February. It’s possible that ...
It’s perhaps fitting that December HECM endorsement totals came in at 3,912 loans, down -11.8% from November and registering the 4th month below 4,000 loans ...
The industry endorsements increased 18.5% for the month of November, coming in at 4,436 vs the 3,745 reported last month. This marks the best month ...
HECM endorsements for October totaled 3,745, growing a paltry 1.1% from the low registered in September. This wasn’t a large enough increase to even beat ...
HECM endorsements for September totaled 3,706 loans, down 10.1% from August. The drop was felt across the nation, with 9 of 10 regions tracked seeing ...
HECM endorsements were up 6.6% in August to 4,122 loans, bouncing back from a level not seen in many years but still the second lowest ...
Last month in this report we talked about two pleasant surprises on the volume side, which leaves us talking about a drop-off this month in ...
HECM endorsements rose 16.9% to 5,187 in June, partly on the back of increases from both Metlife and First National Bank of Layton, both of ...
HECM endorsements were down -3.4% in May to 4,439 units, flirting with the multi-year lows we saw in March. As we’ve noted before, we do ...
The past few days have been dominated by Metlife’s exit announcement, but regardless of how you feel about that news the impact on industry numbers ...
We said last month that we didn’t expect endorsement volumes to continue their good times given the declines in case number assignments and this month ...
Our first look at February HECM endorsements is here and it’s a positive story, although not one we expect to last too long. Endorsements were ...
If your New Years resolution was to produce more loans in 2012, then you had lots of company along for the ride. January HECM endorsements ...
Happy New Year! 2012 may yet become a fantastic year or a dismal one, but the best thing about this year is the vast potential ...
November HECM endorsements totaled 4,654, up 1 loan from last month. The lack of change in industry overall volume is remarkable considering the second shoe ...
We’ve known for some time now that Wells Fargo’s endorsement numbers would drop dramatically as we headed toward the end of the year – now ...
September HECM endorsement numbers were down -3.7% from last month to 5,590. The number of active lenders continues to decline but has started to bottom ...
Lender volume presented on this report includes third party originations (TPO) of any company not FHA approved under their approved sponsor lender. As of this ...