HECM Originators – Dec 2022
HECM endorsements overall were down -14.8% in December, with Wholesale/brokers (-14.9%) and Retail/direct (-14.8%) in virtual lock-step for the second month in a row.
Four of the top ten lenders managed to grow in spite of the industry decline:
- South River increased 10% to 77 loans
- Longbridge gained 9.3% to 492 loans, approaching AAG’s total for the month […]