Blog > HECM originations sink to lowest level since 2020, HMBS issuance down 17% in September

HECM originations sink to lowest level since 2020, HMBS issuance down 17% in September

by Neil Pierson

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September endorsements dropped to 1,790 — the lowest figure since April 2020 — while HMBS issuance fell to $446 million

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