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Falling Endorsement Rates Point to Third Consecutive Year of Decline

The year to date total of Home Equity Conversion Mortgage (HECM) endorsements has seen some growth but may not be able to combat a decline in both the monthly and annual endorsement rate ... read more

HECM Endorsements Are Moving On Up – NMP

The Southwest region saw HECM endorsements grow by 35.8% to 379 loans and the Southeast/Caribbean jumped 25.9% to 813 loans. American Advisors Group was the top lender with 1,566 loans in Oct., ... read more

Reverse Mortgage Endorsements Fall in February, Rise YTD

Reverse mortgage endorsements declined between January and February 2017, but the overall total remains up from the same span last year, according to new data from Reverse Market Insight, Inc ... read more

FHA Single-Family Endorsements Decline - American Banker

Federal Housing Administration endorsements of single-family loans fell 24% in the first quarter compared with the fourth quarter, as the slowdown in lending is even affecting low-down-payment ... read more

HECM Endorsements Jump Considerably In January 2021 – NMP - National Mortgage Professional

HECM Endorsements Jump Considerably In January 2021. Feb 02, 2021. Image. By Navi Persaud. ... The Northwest/Alaska increased by 30.1% to 553 loans for its highest monthly total in over a year, ... read more

Reverse Mortgages Are Complex; HUD Should Make It Easier For Seniors To Compare Them

Dare-to-compare HECM lenders provide useful information to retirees. getty. The HECM reverse mortgage - a product designed for those 62 and older - is by far the most complex financial instrument ... read more