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All Arizona – HECM Trends June 2014

Our last update for June endorsements before August totals come out next week, we’re looking again at HECM Trends. Arizona leads the top 10 states ...

Channels Aligned – HECM Originators June 2014

We knew HECM endorsements for June were down -7.4%, and can now say that decline was felt in both retail, down -9%, and broker/wholesale, down ...

Uptick – HECM Lenders July 2014

HECM endorsements rose 4.2% to 4,092 loans in July, up from the 18 month low reached in June. Seven of the ten regions we track ...

Long View – HECM Trends May 2014

May’s HECM endorsement volume was down -15.6% from 2013 but up 1.5% from 2012. It’s tempting to say that 2014 will come in near 2012 ...

HECM Originators May 2014

HECM endorsements rose 7.8% in May, but the big winners were retail lenders with volume up 12.2% compared to just a 2% rise for broker/wholesale ...

Two Steps Back – HECM Lenders June 2014

We’d like to blame our business trip to the East Coast for our delay in getting this newsletter sent out, but in reality we’re still ...

Sand States – HECM Trends April 2014

We had a discussion with a forward mortgage vendor this week who asked where the top reverse mortgage markets could be found. After discussing the ...

Down or Flat? – HECM Originators April 2014

HECM endorsements declined -9.7% in April, but it was a tale of two business channels as retail/direct volume was flat but wholesale/broker volume declined -19.9%. ...

One Step Forward – HECM Lenders May 2014

HECM endorsements for May rose 7.9% to 4,498 loans, but still down -12.9% from last year. Eight of the ten regions we track rose, with ...

Growing Dollars – HECM Trends March 2014

In this edition of our HECM Trends report, we’re focused on geographies with growing dollar volumes of HECM endorsements around the country. Loan counts might ...

Volatile Rankings – HECM Originators March 2014

Month to month HECM endorsement volume is always volatile, but the past few months have seen more than the usual jumps in lender rankings and ...

Slimmer Pickings – HECM Lenders April 2014

HECM endorsements totaled 4,170 loans in April, down -9.7% from March and the lowest level of the past twelve months. We’ve been suggesting for a ...

Middling Through – HECM Trends Feb 2014

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 ...

Wholesale Holding – HECM Originators February 2014

A second straight month of increased endorsements and now we know wholesale/broker volumes were ahead of retail too. Total HECM endorsements were up 2.1% in ...

Hanging Around – HECM Lenders March 2014

HECM endorsements dropped -10.6% in March to 4,618 loans. That’s an even larger decline (-20.9%) compared to last March, although that’s partly because March 2013 ...

New Growth – HECM Trends January 2014

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 ...

Wholesale Bump – HECM Originators January 2014

We wrote in a previous report of our surprise at January’s 19.7% increase in HECM endorsements, now we know that it was primarily wholesale channel ...

Peering Over – HECM Lenders February 2014

HECM endorsements rose 2.1% in February to 5,166 loans. This small rise put the industry back into positive year over year territory after showing a ...

Location, Location – HECM Trends December 2013

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 ...

Final Rankings – HECM Originators December 2013

Final lender rankings for 2013 are here! Find your company in the consolidated list of lenders on page 3, or single month rankings of all ...

Starting Up – HECM Lenders January 2014

HECM endorsements rose 19.8% in January to 5,061 loans, the highest total since August. Just last month we speculated that volume would dip in the ...

Diving Deeper – HECM Trends November 2013

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 ...

Volatile Times – HECM Originators November 2013

We previously reported that HECM endorsements for Nov 2013 were up 11.9% from October, but today we will dive into more detail about retail/direct lenders ...

Expectations Reset – HECM Lenders December 2013

The last of the HECM endorsements for 2013 are in the books! HECM endorsements dropped -10% to 4,223 loans in December, while 2013 total loans ...