Items Tagged with 'RM Insight'

ARTICLES

  • Endorsement Volume Falls, As Some Lenders Capitalize

    HECM Endorsement numbers fell in September by 3.7% as volume has bounced around the mid-5,000s five months.  As the number of active lenders seems to be tapering off, some of the biggest players seem to be getting at least a temporary lift from the big bank exits.   According to the latest HECM Lenders report from RM Insight (RMI), endorsement volume in September was 5,590, down from 5,807.  The number of lenders endorsing loans in the month hovered around 200 with only a slight decrease. Although Wells Fargo's endorsement volume as just begun to taper off, RMI suggests that
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  • After Crossover, Retail Takes a Breather

    After finally crossing over to positive year of year growth in last month's report, retail endorsement volume fell by 16.2% in April to 6,124 loans.  April's Retail Leaders Report from Reverse Market Insight (RMI) showed that even with the drop, year-over-year growth still remained positive by 11.1%   Growth stalled in all regions of the county, while the market share of the top 10 jumped from 60.76% in March to 67.0% in April.  For the year-to-date, the top 10 lenders have accounted for 60.14% of all endorsed loans.  This is underscored by the continuing drop in active lenders with
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  • Wholesale Endorsements Bounce Back

    Following two months of retail HECM endorsements growing at a higher clip than wholesale, the Wholesale Leaders report, with data through January, 2011 from Reverse Market Insight (RMI), reveals a bounce for wholesale in month-over-month trending. Wholesale volume in January, at 2,413 units, increased by 9.3 percent over December, while retail decreased by 6.8 percent at 4,049 units.  Accordingly, market share for the wholesale channel also increased from 33.7 percent to 37.3 percent.  Total volume from both channels totaled 6,462 a drop of 1.3 percent from December. However, when looking at this January compared to the previous January is
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