HECM broker endorsements continue tepid pace in May
Atlantic Avenue remained at No. 1 despite declining endorsement activity during the month
Atlantic Avenue remained at No. 1 despite declining endorsement activity during the month
BELLINGS Intelligence Score: 8
Why it matters
The continued tepid pace of HECM broker endorsements in May represents routine market activity within a niche segment of the mortgage market, with limited broader impact on credit markets or lending standards.
Sources
HousingWire
HECM broker endorsements continue tepid pace in May
Atlantic Avenue remained at No. 1 despite declining endorsement activity during the month