HECM endorsements were relatively flat across both retail (+0.2%) and wholesale (-0.5%) in January, leading to a steady overall industry volume picture. As always though, there was movement in the rankings below the headline number.
- RMS/S1L bounced back with a 26% increase from December, marking the company’s highest volume month since last February
- Urban jumped 15% to put in its highest showing since March
- Cherry Creek’s 1st Reverse team grew 10% for their second highest monthly total of the past 12 months
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!
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