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February HECM endorsements came in right between 2012 and 2013 volumes for the month, but we’re likely to see monthly totals below the 2012 line for several months on our page 1 HECM Trends chart before this year is over.
The good news is that there are always places around the country showing growth no matter […]
Most people start the new year with a kiss and party noisemakers (even if just on TV), but since we only think about reverse mortgage stats it just means we have all new growth numbers to share with you in this month’s HECM Trends report!
On a pure volume basis HECM endorsements grew 19.7% in January […]
The simple way to look at last year’s HECM endorsement activity is that total loan count was up 15.2% from 2012. But for anyone living through 2013’s wild ride, it probably felt like anything but a smooth journey upward.
Arizona and California led the way with loan volume growth in 2013, up 61% and 36%, respectively. […]
HECM endorsements were up 15.8% Jan-Nov 2013 compared to the same period in 2012, but some places were much bigger winners. If you want to put your sales and marketing efforts into the highest best markets, take a closer look with us at this most recent HECM Trends report.
NRMLA New Orleans is right around the corner – if you’re going to be there too let’s connect!
It’s been a while since we’ve published the HECM Trends report and this is a great time to show where reverse volume is happening.
The whole industry has grown […]
It’s been seven long months since we last published HECM Trends, and even longer since we’ve shown year to date growth on the report. We’re happy to break both streaks today with the April 2013 HECM Trends report.
Year to date HECM endorsement volume through April is up 10.2% compared to the same period in 2012. […]
We’re just as curious to hear what FHA will announce as you are, and while we think there are some reasonable options available to address concerns about full draw requirements on the fixed rate product, the big wild card seems to be FHA’s mutual mortgage insurance fund health and specifically the financial health of the […]
Last month in this space we talked about three cities where average home values were growing for HECM loans, and this month we’ll follow that up with three cities gaining in total maximum claim amounts (MCA) year to date.
The single most notable fact about July’s HECM endorsement figures is the volume decline. That stands out in stark relief on page 1 of HECM Trends, with the purple line tracking 2012 volume dipping dramatically to the lowest level seen in years and deviating significantly from the prior year comparison lines.
We’ve already written about the […]
We’ve written before about the pockets of reverse mortgage growth in what continues to be a down market for the industry overall and this month’s HECM Trends provides another series of examples.
While California, Texas, and New York continue to outpace all states for volume, we’re starting to see unexpected places like Kansas City and Nashville […]
