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Growth in HECM Loans

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The following chart illustrates the rapid growth of Home Equity Conversion Mortgages (HECM) , particularly in recent years.

Home Equity Conversion Mortgage Growth

Home Equity Conversion Mortgage (HECM) Growth

home equity conversion mortgage growth
The number of HUD Home Equity Conversion Mortgages (HECMs)continues to grow at a rapid pace. The growth is expected to continue as the "Babyboom" generation moves into retirement.
***thru quarter ended 12/31/05.  *,**data understated due to legislative authorization lapses.

Article Series - charts

  1. Reverse Mortgage Rate Comparison
  2. Growth in HECM Loans
  3. Compare Reverse Mortgage Programs
  4. Retirement Spending Expenditures
  5. HELOC vs HECM Comparison
  6. HECM Growth by Month
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One Response to “Growth in HECM Loans”

  1. Reverse Mortgage Industry Growth - Reverse Mortgage Information Says:
    May 29th, 2006 at 6:59 am

    […] The dramatic growth in HECM loans has been well documented by HUD statistics. But it’s also good to see hard evidence of industry growth reported from a source other than government statistics: IndyMac Bancorp Inc. said Monday said it’s considering an initial public offering for its Financial Freedom Senior Funding Corp. as net income at the reverse mortgage unit doubled in the first quarter. […]

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