HECM Originators – September 2020

HECM endorsements declined -1.9% in September, with the Wholesale/broker channel doing better with a drop of just -0.7% while Retail shrank -2.9%.

Four of the top ten lenders gained on the month:

  • Open Mortgage leaped 35.2% to their highest level in over a year, endorsing 242 loans
  • FAR bounced back, rising 21.3% to 667 loans
  • Liberty increased 10.1% to 328 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