HECM Originators – May 2024
May was a positive month for HECM endorsements, with an increase of 17% to 2,460 loans. Wholesale/broker rebounded from 2 declining months even as the industry rose, rising 27%, while Retail/direct continued a slower, steadier path by increasing 11.1%.
When we look at the month over month endorsement on page 2 of our report, we had 5 […]