HECM volume started the year off a touch below the recent high water mark from December but still well above the 2016 monthly average. We can now see that Retail has shown significantly more strength the past two months, including a 2.4% increase in January.
- Live Well led the way among the top 10 lenders with 13.2% growth across both channels in January, to 172 loans
- Synergy One was close behind, increasing 5.3% to 237 loans
- Nationwide Equities endorsed 108 loans, up 3.8% from December
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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