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.