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HECM Endorsements See Uptick in October

Reverse mortgage endorsement volume grew in October, rising 7.3% above the previous month. The HECM Lenders report from Reverse Market Insight shows that FHA-approved lenders endorsed 3,091 loans ... read more

HECM Applications See Slight Uptick in August With Steady Saver Growth

HECM applications rose 3.9% in August to 7,940, marking an 18% year-over-year decline when compared with August 2010, the latest Federal Housing Administration Outlook from the Department of ... read more

HECM Endorsements Are Moving On Up – NMP

Regionally, the Midwest was the only region with a decline in volume month-over-month. Additionally, NY/NJ was the only region down in September and made up for it in October, rising 38.1% to 145 ... read more

HECM Endorsements Were Down 6% In August 2020 – NMP

Reverse Mortgage Insights' breakdown of Home Equity Conversion Mortgage activity for August 2020 showed a 6% decline in endorsements for August 2020. This marks an end to four consecutive months of ... 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