HECM Originators – June 2021

HECM endorsements dropped -4.2% in June to 4,158 loans. Wholesale declined -2.1% to outperform Retail (-5.6%) for the first time in 5 months.

That subtle shift in channels showed up powerfully in lender performance, although once again just 3 of the top 10 lenders gained on the month.

  • Mutual of Omaha surged 43.5% to 333 loans – their highest total since the 2017 PLF changes took effect (Jan 2018 endorsements)
  • HighTech Lending rose 10.5% to 95 loans
  • FAR inched up 0.2% to 622 loans

Check out the originator rankings on page 4 to see more companies outside the top 10 doubling or tripling their reverse volume this year!

See the full report below by clicking on the image.

HECM Originators