February 13, 2017
HECM endorsements ended on a high note to close out 2016, up 19.9% to the highest level all year. That growth might have been fueled by some year end clean up, but growth is welcome from just about anywhere these days.
- RMF more than doubled, up 142.1% to 748 loans to close out the year with 9.9% market share and edge out Liberty for #3
- RMS cleaned out some of the endorsements ahead of exiting originations last month, jumping 69.9% to 192 loans
- High Tech grew 38.8% to 118 loans and round out a big growth year
Don’t forget to check out the rankings on page 3 (trailing twelve months with channel splits) and page 4 (single month retail only). If your company is not an FHA approved lender, these are the only industry rankings where you’ll appear!
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