HECM Originators – April 2018

HECM endorsements dropped -22.1% in April, with Wholesale again dropping more (-25.6%) compared to Retail (-19.6%).

Some lenders managed a good showing despite the decline:

  • One Reverse followed up a modest gain in March with another steady performance, rising 3.8% to 271 loans
  • Longbridge recovered some of last month’s drop, growing 1.7% to 119 loans
  • Fairway grew 31.9% to 95 loans, furthering their 115.8% growth year to date

Look out for this report each month as the most accurate reflection of origination loan counts available!

Click the image below to access the full report.

HECM Originators