ReverseIQ Newsletters

HECM Originators – December 2016

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!

Click the image below to access the full report.

HECM Originators