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Home » News » HECM Claims Rise in 2011, Originations Decline
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HECM Claims Rise in 2011, Originations Decline

November 18, 2011
Home Equity Conversion Mortgage claims increased by a whopping 48.3 percent in FY 2011 from last year, while the number of loans originated under the program also fell on a year-over-year basis, according to Inside FHA Lending’s analysis of FHA data. HECM claims were up to 7,951 in 2011 compared to 5,361 claims filed under the program the year before.
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