Reverse Market Insight
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HECM Volume Struggles in July
Aug 02, 2011Signaling the start of what is likely to be a challenging second half of the year for HECM endorsement volume, total endorsements dropped by 5.9% in July. According to the latest Retail Leaders Report from Reverse Market Insight, endorsements in July totaled 5,511. After crossing over to year-over-year positive growth in March, the latest month fell back into negative territory at 6.6% below July of 2010. With the start of this decline, expected to continue as the wind down of Wells Fargo is felt in the tail end of the year, it appears that the industry will see
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Industry Trends, Different Year Similar Result
Jul 29, 2011 -
Top Lenders Fuel HECM Endorsement Growth
Jul 06, 2011 -
Pinpointing Industry Direction
Jun 22, 2011 -
TPO Originations Continue to Grow
Jun 08, 2011 -
Examining Top Cities for Reverse Mortgages
May 18, 2011 -
HECM Saver Picks Up Pace
Apr 19, 2011 -
Wholesale Continues Positive Momentum
Apr 12, 2011 -
Retail Production Crosses Threshold
Apr 08, 2011 -
Application Volume Trends Steady
Mar 25, 2011 -
Endorsements Up, Applications Down
Mar 02, 2011 -
RMI Indstry Trends: View From the Top
Feb 17, 2011