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Monthly Hecm Endorsements Up From Decade Low | AutoTraffic

Reverse Mortgage Endorsements See September Drop, Narrowly Missing All-Time Low

He detailed that last October, retail composed 52.6% of HECM endorsements before then dropping to a low of 50.5% in January – the peak endorsement month after the most recent product changes – and 59% ... read more

HECM volume running really low

The July HECM report from analytics firm Reverse Market Insight reveals that loan volume levels are hovering at historic lows. “HECM endorsement volume gained fractionally in July, up 0.4% to 3,359 .. ... read more

New pro-Israel group to tackle ‘challenges’ to US-Israel relationship

Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open ... last week found that support for Israel among Democrats is at a two-decade low. ... read more
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FHA Single-Family Endorsements Decline

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

Reverse Mortgage Volume Hits Low, Declines in All 10 Regions

HECM endorsement volume hit a low point in August ... rising 15.4% to 135 loans in August, up from 117 a month prior, but still below last September’s 162. One Reverse Mortgage also continued its ... read more

All dollars great and small: San Francisco is now an even more important fund-raising Mecca for presidential candidates

They may be prospecting for endorsements from local ... per-candidate limit — a low-dollar donor can be hit up again and again and again through the campaign’s twists and turns. And this is useful — a ... read more

Daily on Energy: Murkowski and Manchin won’t go for carbon tax

SIGN UP! If you’d like to continue receiving Washington ... In the tax and dividend model, the carbon tax revenue is distributed into monthly rebates to American households, protecting them from ... read more

Reverse mortgage volume falls to 13-year low

Total endorsements for reverse mortgages, also known as home equity conversion mortgages, were just 2,838 in June, according to RMI’s monthly HECM Lender’s report. “The low current volume ... offers ... read more

Unlocking your home equity

Lawmakers are paying attention to reverse mortgages because these once-marginal products have exploded over the past decade, thanks to low interest ... Mortgage (HECM) program, guaranteed 107,400 ... read more

44,000 Phoenix-area households evicted last year as epidemic grows

The county’s “eviction mill,” as one housing advocate described it, sits at the heart of a decade ... program with up to $2 million from the state Housing Trust Fund. That concerned some homeless ... read more

Tax Breaks or Not, Home Equity Lending Has Huge Potential

UI points out that that the lower that net worth, the larger is the share made up of home equity and ... six times the current annual HECM endorsement count of roughly 50,000 loans." Still, current ... read more

Dogtown apartments, grocery store move ahead

A $26 million mixed-use project in St. Louis’ Dogtown neighborhood advanced Wednesday after winning an endorsement ... by October 2018. Monthly rents are expected to range between about $1,300 and ... read more
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