HECM endorsements jumped 32.9% in January, with a huge 56.1% growth in Wholesale tempered somewhat by Retail’s still impressive 16% increase.
As you might expect with surging industry volume, many lenders grew including all of the top 10:
- Liberty tripled, rising 211.1% to 840 loans
- Longbridge increased 88.8% to 355 loans
- Nationwide Equities grew 76% to 132 loans on the month
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.