HECM Lenders

Lender volume presented on this report includes third party originations (TPO) of any company not FHA approved under their approved sponsor lender. As of next ...

Another month is in the books, and while volumes continue to be less than stellar, we’re getting a better picture of what the major lender ...

We had such a favorable response to the boxing title last newsletter that we’re sticking with it today. And judging by May’s endorsement total, we ...

It sometimes seems that the one thing every business has in common is that progress is never a straight line. The reverse industry has certainly ...

March was more than just the end of the first quarter for the reverse mortgage industry, as it marked the first time since July 2009 ...

We normally think of a ‘killer app’ as a perfect use that grows a new technology from curiosity to must have item. Just as email ...

January HECM endorsement numbers were underwhelming, but we’re not throwing in the towel on the year because we see positive developments just around the corner. ...

Retail HECM endorsements for December were virtually flat with November, down just -0.1% to 6,554 loans. That story isn’t much to write home about, but ...

Retail endorsement numbers are out for November, and were much improved vs the last couple months. This is likely due to pullthrough from September’s inflated ...

We’re a week later than our usual schedule this month, but after seeing how wild the French Quarter was this past week (the Realtors’ convention ...

It’s always more fun to report good news (since no one shoots the messenger in these cases!) and August continued a welcome trend higher in ...

We’re a few days behind our usual schedule as we enjoyed a quick trip out to Dallas for Reverse Mortgage Day in Texas. As always, ...

Most years you want to see some good news before you’re six months in, but given all the headwinds for the industry we’ll take our ...

We suggested in last month’s report that we expect endorsement volumes to get worse before they get better, and May certainly proved that point. It ...

As we saw last month, the downtrend in application numbers is finally starting to significantly impact endorsement numbers. That trend has continued in April, with ...

HUD published the monthly endorsement numbers on Thursday, and we are finally really starting to see the effects of the lower level of application on ...

The retail endorsement numbers for February 2010 are now available. Endorsement volume came in at 7,024 units for the month, a 7.9% drop from January, ...

The retail endorsement numbers for the January 2010 are now available. Endorsement volume came in at 7,629 units for the month, an 8% drop from ...

The December 2009 endorsement data has been put out by HUD, bringing us to the conclusion of a tumultuous year in the reverse mortgage industry. ...

November’s endorsement numbers are in and the volume was pretty weak, coming in at 7,738 units for the month. This is down almost 12% from ...

October numbers are in and the month proved more trick than treat for HECM volume, down 7.4% from September. This isn’t a reflection on the ...

Sometimes it seems that the more things change, the more things stay the same. Despite tremendous changes underneath the surface this year (lending limits increased, ...