HECM endorsements rose 3.7% in March as Retail outpaced Wholesale, 4.1% to 3.3%.
Several top 10 lenders recovered well from a poor February:
- HighTech continued its every other month cycle with 98 loans, a 133.3% jump from Feb and just above its January total of 94 loans
- RMF gained 26.7% to 564 loans to balance out the Feb drop and make it 3 of the past 4 months over 500 loans
- FAR also bounced back 17.4% to 788 loan in March after dipping below 700 in Feb
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.