HECM endorsements grew 12.7% in April, with strong Wholesale growth (+21.2%) outpacing slower Retail results (+6.6%) but both contributing to a solid month of volume.
Seven of the top 10 lenders gained on the month as they collectively outpaced the overall industry:
- Liberty jumped 66.4% to its highest level since March 2018
- Synergy One grew 19.7% on 164 loans
- One Reverse increased 16% to 247 loans
Click the image below to access the full HECM Originators report including the most comprehensive originator rankings available on page 4.