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HECM Applications See Slight Uptick in August With Steady Saver Growth 

Sep 20, 2011By

HECM applications rose 3.9% in August to 7,940, marking an 18% year-over-year decline when compared with August 2010, the latest Federal Housing Administration Outlook from the Department of Housing and Urban Development shows. Total HECM endorsements were up 5.3%, with HECM Saver endorsements rising more than 8% during the month, from 496 in July to 536 […]