{"id":1614,"date":"2020-08-03T13:36:25","date_gmt":"2020-08-03T17:36:25","guid":{"rendered":"https:\/\/www.newviewadvisors.com\/commentary\/?p=1614"},"modified":"2020-08-03T13:36:25","modified_gmt":"2020-08-03T17:36:25","slug":"hecm-endorsement-analytics-july-2020","status":"publish","type":"post","link":"https:\/\/newviewadvisors.com\/commentaries\/2020\/08\/03\/hecm-endorsement-analytics-july-2020\/","title":{"rendered":"HECM Endorsement Analytics \u2013 July 2020"},"content":{"rendered":"<p>HUD\u2019s July 2020 HECM Endorsement Summary Report shows no signs of HECM endorsements slowing down:\u00a0<a href=\"https:\/\/www.newviewadvisors.com\/commentary\/wp-content\/uploads\/2020\/08\/NV-Endorsement-2020_07.pdf\">NV Endorsement 2020_07<\/a>.\u00a0 July closed out with 4,256 endorsements, the third consecutive month over 4,000. The last time this happened was in the fourth quarter of 2017, during the surge of volume associated with Mortgagee Letter 2017-12.<\/p>\n<p>Based on 12-month endorsement totals, the ranking of the top 15 originators for July 2020 remained the same as June. As with HMBS issuance, AAG has a commanding lead over #2 RMF and #3 FAR. Longbridge saw unit count more than double in July, to 199 loans endorsed from last month\u2019s 97. On the other hand, High Tech Lending\u2019s endorsement count fell 44%, to 95 units from last month\u2019s 169.<\/p>\n<p>HUD\u2019s June 2020 Endorsement Snapshot Report has now been posted on its website. While HUD\u2019s Snapshot Report has a 1-month lag, it too shows no notable changes in trends with regard to endorsement volume, product mix, or loan characteristics.<\/p>\n<p>New View Advisors continues to offer its Who Buys What From Whom (WBWFW) report as part of this endorsement report subscription. The report compiles publicly available Ginnie Mae dollar volume data to show which HMBS issuers buy HECMs from which lenders.<\/p>\n<p>Edited samples from this month\u2019s WBWFW report are at the end of our endorsement writeup. These reports together provide accurate insight for sales and marketing teams to learn just who\u2019s buying what from whom. The dataset is more complete and timely than what endorsement analysis alone can show.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HUD\u2019s July 2020 HECM Endorsement Summary Report shows no signs of HECM endorsements slowing down:\u00a0NV Endorsement 2020_07.\u00a0 July closed out with 4,256 endorsements, the third consecutive month over 4,000. The last time this happened was in the fourth quarter of 2017, during the surge of volume associated with Mortgagee Letter 2017-12. Based on 12-month endorsement [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1614","post","type-post","status-publish","format-standard","hentry","category-hecm-program"],"_links":{"self":[{"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/1614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/comments?post=1614"}],"version-history":[{"count":2,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/1614\/revisions"}],"predecessor-version":[{"id":1619,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/posts\/1614\/revisions\/1619"}],"wp:attachment":[{"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/media?parent=1614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/categories?post=1614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newviewadvisors.com\/commentaries\/wp-json\/wp\/v2\/tags?post=1614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}