HECM Originators – November 2017
HECM endorsements grew 6.3% in November, the first sign of additional case numbers issued under pre-Oct 2 rules showing up in endorsement volumes. Retail lenders were strongly represented, with volume up 13.7% compared to October while Wholesale dropped -1.9%.
Many of the largest lenders showed an even larger bump in volume:
- Longbridge surged 93.5% to 149 loans […]