ReverseIQ Newsletters

Archive for the ‘HECM Originators’ Category

HECM Originators – March 2016

March endorsement volume was mostly flat, with Retail growing by 9/10 of a percent, and Wholesale/Broker volume down 3.88% over February.

Leading the way for the month were Live Well, up 87%, and Reverse Mortgage Funding, with growth of 28%. Of the top 10 lenders, AAG, Synergy One (RFS), and Home Point all grew in the single digit range for the month.

Don’t forget to check out the rankings on page 3 (trailing twelve months with channel spl`its) 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 May 2012

HECM Originators – February 2016

HECM endorsements growth in February was led by Retail/Direct lenders rising 20.3%, while Wholesale/Brokers put in a 14.3% increase that would be impressive in most any other month.

  • Liberty led the way with 67.9% increase from Jan, putting its highest monthly volume total since August
  • RMF jumped 22% on the month to 266 loans
  • One Reverse bounced back after a weak January, rising 15% to 330 loans

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 – January 2016

HECM endorsements took a disappointing dip in January to the lowest levels in over a year as the industry continued to absorb the impact of Financial Assessment changes last April. The surprise in our HECM Originators report is that almost all of this decline happened on the Retail side of the business, dropping -12.9% in January while Wholesale dropped just -0.9%.

Just 2 of the top 10 lenders posted gains in the month:

  • Liberty HES showed a huge 285% jump in what looks like a catching up of endorsements from the prior two months
  • Home Point grew 8.6% to 114 loans
  • Synergy One is poised to break into our top ten on page 2, showing an eye-watering growth rate from last January on our page 4 originator rankings

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.