HECM Lenders – March 2020

HECM endorsements declined -14% in February, continuing the decline seen in February..

None of the 10 regions we track were up on the month, with only one (Northwest/Alaska) unchanged for the period.

One a better note, three of the top ten lenders saw volume increases:

  • American Advisors Group volume was up 108 units to 799 loans
  • Fairway continued its rise, and increased 31% to 197 loans
  • Hightech Lending upped their total by 38%

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