endorsement growth

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HECM Growth Focuses on Smaller States

Aug 15, 2011By

With HECM endorsement volume growth poised drift back into year-over-year declines, smaller states are appearing to grow at faster rates than larger states. According to the latest Industry Trends Report from Reverse Market Insight, even though HECM endorsement volume remains at 5.5% above the previous year, the trend is pointing to a decline before the year is done. Among the top ten states for endorsement volume growth in 2010, only one is currently a top ten state for volume.  The rest are below 25th.  The top ten with their current volume rank are: Mississippi (24), South Dakota (51), North