HECM Originators – November 2021

HECM endorsements dipped -1.6% in November, with Retail/direct falling -7.1% to swamp Wholesale/broker growth of 6.9% on the month. Top 10 lenders were split down the middle, but the biggest growth was all in lenders ranked #7-9:
  • #8 Fairway rose 53.7% to 166 loans, its highest monthly volume since Feb
  • #9 South River increased 37% to 174 loans – an all time high for the company
  • #7 Open Mortgage jumped 30.6% to 222 loans
See the full report below by clicking on the image.