###
Chart 3: HECM Endorsements Have Increased Dramatically Since 2004.

HECM Endorsements Have Increased Dramatically Since 2004.A line chart showing the number of home equity conversion mortgages from 1990 through September 2008. In 1990, there were 389 home equity conversion mortgage endorsements; in 1994, there were 4,165; in 2000, there were 6,640. The number then began to rise sharply, reaching 107,558 by 2006 and 112,154 by September 2008.