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HECM endorsements are down -15.6% through July this year, but there are always some areas of the country doing well. We’ve picked out a few ...
HECM endorsements dropped -6.2% in July, with Retail giving back all of the gains in June on a -7.2% decline while Wholesale posted a fifth ...
HECM endorsements rose 24.1% in August to 4,387 loans in a welcome reprieve from the prior three months below the 4,000 loans/month level. Volume was ...
HECM endorsement volumes for the year through June are down -13.1% from a year earlier, a figure that got significantly worse in just one month ...
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 ...
Surviving and thriving in the reverse mortgage industry these past few years has required adaptation and flexibility: Where ARMs once dominated the landscape (all at ...
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’ve been asked many times where was the best place for a reverse mortgage company/consultant to spend precious marketing dollars. While we can’t claim to ...
November is rapidly coming to a close, and we’re closing out the month with the first half of a video interview with the Reverse Review ...
September ended with a bit of a whimper, just 5,966 HECM endorsements, down -10.2% from August. For the government fiscal year, we ended at 79,096 ...
In last week’s report, we talked about how younger borrowers (read: Baby Boomers) are changing the face of the reverse mortgage industry by selecting reverse ...
We just got back from the NRMLA Irvine Roadshow and as always, heard some very interesting ideas and discussions about the industry’s current opportunities and ...
May’s application numbers have good news and bad news for the reverse mortgage industry. The good news: apps grew for the fourth straight month since ...
One of the most interesting conversations going on today in the reverse mortgage arena is how much the recent product changes (reducing upfront cost to ...
We started getting word in mid February that application activity was picking up a bit after what we knew were several very depressed months following ...
If there’s one thing we were hoping to see these last few months, it’s an increase in application volumes back to something approaching ‘normal’. While ...
Hope everyone had a great weekend and is either enjoying a relaxing holiday or at least enjoying the reduced distractions if you are sneaking in ...
In hindsight, the easiest piece of forecasting all year might have been to predict that we wouldn’t get a chance to publish our follow up ...
Our Retail Leaders report for August, 2009 is now available. Overall industry volume fell 9% from July, coming in at 8,933 units for the month, ...
As you all no doubt have noticed, the $798 million FY 2010 HUD subsidy request for the HECM program is the story that won’t (and ...
After a great deal of interest around the industry from our recent post on HUD’s FY2010 subsidy request for the HECM program, some friends in ...
We periodically receive questions about various HECM rate types and how prevalent they are in the marketplace. One of the specific questions we’ve seen resurrected ...
If you haven’t seen the recent Obama budget request for $800 million for the HECM program, the basics have been covered well over at RMD. ...