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Top Ten States Fight HECM Volume Trends 

Sep 21, 2011By

As total HECM endorsement volume trends towards a decrease from 2010, seven out of the top ten states for total units are experiencing positive year-over-year growth in 2011. According to the new HECM Trends report from Reverse Market Insight (RMI), endorsement volume for HECM loans trended into positive year-over-year territory in February of this year, now has crossed back over into negative ground.  At 43,314 endorsed units through July, 2011 still remains 3.9% ahead of 2010, but the current trend suggests that the industry may be headed toward a third consecutive year of volume declines in 2011. Among the

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