Download your January Top 100 Retail HECM Lenders Report Here.
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Does the first month of 2013 foreshadow rankings for this year? While the top 10 remains relatively unchanged from December the impact of the fixed rate suspension will not show until later this year.
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I love good news.
January 2013 is a month of good news for the industry. Not only were endorsements up by also one-third over last but this is THE first month in the last nineteen when the current month totals exceed the totals for the same month in the prior year.
Could there be better news for 2013? For right now, it is almost good enough to say, finally we have a month when we are not seeing more decline. As a realist, one month of activity is not a trend, yet as one on the optimistic side of that position, it is fantastic to see the end of eighteen months of decline.