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Archive for the ‘HECM Originators’ Category

HECM Originators – January 2017

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!

Click the image below to access the full report.

HECM Originators

HECM Originators – December 2016

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

HECM Originators – November 2016

HECM endorsements dropped slightly in November to 3,884 loans, as we learned last month. We now know that Retail/direct lenders dropped a more substantial -4.3% while Wholesale/broker volume actually rose 3.7%.

A few companies underlined this point with rising retail volume on our page 4 rankings:

  • All Reverse Mortgage (formerly United Southwest) jumped 358% to 55 loans
  • M&T Bank grew 282% to 42 loans
  • Advisors Mortgage Group posted a 104% rise to 57 loans and the #11 ranking on the month

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