45% of all HECM endorsements were from lenders who did 1 loan. Yes, that is correct… the largest segment of loan originating is coming from lenders who do 1 loan a month. Two years ago, lenders originating 1 loan a month only represented 31% of all endorsements. Lenders who originated 6 or more loans a month have declined 10% over the past 2 years.
What they said…
- The_Critic on Before & After: The Financial Interview Tool & HUD Counseling
- The_Critic on Can HECM Regulators Act Unethically Toward the Reverse Mortgage Program?
- James E. Veale, CPA, MBT on Careless Advice
- admin on 9/11 brings New HUD counseling tool: Why it’s a “game-changer”
- Terry McCarthy on 9/11 brings New HUD counseling tool: Why it’s a “game-changer”
Post Calendar