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Newsletter

HECM Originators – February 2020

HECM endorsements dropped -13.7% in February to 3,381 loans after a truly impressive start to 2020.

The top 10 as a group did a bit better, dropping -11.9%, but as always some lenders had strong performances:

  • Fairway jumped 61.3% to 150 loans, their highest showing in over a year
  • Liberty grew 20.3% to finish with 794 loans and prove January was more than a single month of catching up on endorsing loans
  • Finance of America Reverse increased 14.5% to 481 loans, a second top lender showing their highest volume in over a year

See where your company stands on pages 3-4 of our rankings.

HECM Originators

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HECM endorsements rose 5.6% in July to 2,369 loans, the highest level since February. The regions reversed last month’s weakness, with 7 of the 10 showing gains: The top 10

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