Home Equity Conversion Mortgage endorsements rose eleven percent in October

Home Equity Conversion Mortgage endorsements increased by 11% in October to 1,995 loans, HousingWire reported. This total represents the highest monthly volume in three months. However, activity in the federally insured reverse mortgage sector remains near historically low levels compared to the past decade, according to data from Reverse Market Insight published by HECMWorld.com. [1]

HousingWire reported that October recorded the lowest endorsement figure for that specific month in at least 10 years. Year to date, overall endorsements are approximately 3.19% below the volume recorded during the same period last year. Comparisons to the previous year are complicated by the federal government shutdown in October 2025, which disrupted sector reporting and loan processing. [1]

While endorsement counts rose, total Home Equity Conversion Mortgage-Backed Securities issuance declined by 16% during the month, HousingWire reported. Finance of America, Longbridge Financial, and Mutual of Omaha Mortgage led the sector during this period. [1]

October contains 31 days and is the tenth month of the year in the Gregorian calendar. In the Northern Hemisphere, October falls during meteorological autumn, which spans from September through November. [2][3]