Items Tagged with 'HECM Lenders'

ARTICLES

  • HighTechLending: It’s all about leads

    Reverse mortgage lender survives down market with internal lead generation
    When HUD issued changes to the HECM program last year, it made the already elusive quality reverse mortgage lead an even more challenging get, according to HighTechLending President Don Currie. The situation convinced the lender to take matters into its own hands, and so far, the strategy is paying off.
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  • 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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