ReverseIQ Newsletters

HECM Originators – July 2017

September 11, 2017

HECM endorsements dropped in July -12% in July, with Retail taking the heavier hit at -13.6% and Wholesale declining -10.4%.

  • Finance of America Reverse was the only top 10 lender to increase volume in the month, rising 4% to 942 loans
  • Fairway rose 20.3% to 77 loans and tie for #8 on the month in our page 4 originator rankings
  • And Quontic Bank jumped 79.3% to 52 loans at #12

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