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HECM Originators – May 2023

May saw the industry creep up a touch, while just 2 of the top 8 lenders dropped volume.

  • Goodlife jumped 54.3% to 54 loans
  • Mutual of Omaha rose 18.3% to 589 loans and the top spot for the month
  • Liberty gained 13.1% to 181 loans

May also brought encouraging signs on the case numbers issued front, with total volume rising 21.8% to 4,024. That’s the second highest reading of 2023 and less than 1% off from March’s level.

  • Equity Takeout cases issued (new reverses that are neither purchase nor refinances) bounced back 21.8% to 3,293
  • Purchase (H4P) rose 44% to 229
  • H2H refinance case numbers gained 14.1% to 502

Make sure you’re positioning your team for maximum success!

Check out the full rankings on pages 3 and 4 of the full report below by clicking on the image.