HECM endorsements rose 3.4% in June to break a 3 month string of declines, with Retail leading the way. Retail/Direct increased 7.7% while Wholesale/Broker volume dropped -2% in the month.
- High Tech Lending solidified its move into the top 10, jumping 52.9% in the month to 159 loans (higher than 3 other top 10 lenders in June)
- Liberty Home Equity Solutions bounced back with a 25.9% increase from May to 404 loans
- Synergy One jumped back into growth mode with a 22.7% rise to 184 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!
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