HECM Originators – December 2017

HECM endorsements declined -0.7% in December, with weakness concentrated in Wholesale. Broker volume slipped -4.3% while Retail grew 2.1% to finish the year with 3,716 more loans (14%) than wholesale/broker after the gap shrank all the way down to a mere 12 loans in April.

Many of the largest lenders showed turned in a solid month:

  • Longbridge jumped for a second straight month, rising 26.2% to 188 loans and ninth place in our rankings
  • RMF rose 14.5% to 672 loans, their highest month in the year
  • AAG nudged up 0.2% to 1,217 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