Bouncing… – HECM Lenders March 2024
March saw a nice little bounce in HECM endorsement volumes, up 8.3% to 2,058 loans. Even more importantly (in terms of future volumes), we also saw February case numbers issued rise 10.6% to 3,237.
- Equity Takeout (new borrowers) rose 10.7%
- Purchase was up 15.1%
- Refinance increased 8.8%
Back to the endorsements, the regions shared the good news with 6 […]