Reverse Mortgage Statistics
The following section contains statistics for the FHA Home Equity Conversion Mortgage program.
Exclusive HECM Endorsement Analysis
May 5, 2008
Following is a more detailed analysis of the monthly HECM data published by HUD prepared by Reverse Market Insight.
Monthly HECM Production
May 5, 2008
FHA endorsed 9,564 reverse mortgages in April, bringing the year-to-date total to 64,776. Compared to last year, FHA insured 8,041 loans in March 2007 totaling 61,101.
Detailed HECM Data By State, Borrower Characteristics
April 10, 2008
Below is data provided by HUD that includes loan endorsements by state from 1990 to the present, interest rate and borrower statistics.
Annual HECM Production Chart
The following page shows annual HECM production from 1990 to the present by federal fiscal year and by calendar year from 2001 onward.
All materials copyrighted © 2008 National Reverse Mortgage Lenders Association.