HECM Originators – November 2016

HECM endorsements dropped slightly in November to 3,884 loans, as we learned last month. We now know that Retail/direct lenders dropped a more substantial -4.3% while Wholesale/broker volume actually rose 3.7%.

A few companies underlined this point with rising retail volume on our page 4 rankings:

  • All Reverse Mortgage (formerly United Southwest) jumped 358% to 55 loans
  • M&T Bank grew 282% to 42 loans
  • Advisors Mortgage Group posted a 104% rise to 57 loans and the #11 ranking 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.

HECM Originators