After a long hiatus, HECM Originators is back with the most accurate lender rankings (including both retail and TPO/broker volume) and originator rankings (including TPOs and brokers alongside FHA approved lenders) in the industry.
Last time we published this report, Metlife Bank was still the top lender on a trailing twelve month basis. This month we find Liberty Home Equity Solutions (known on our last report as Genworth Financial Home Equity Access) in the top spot of a much closer race for volume. At September the top lender had 255% more volume of sixth place, whereas that gap has narrowed by April to just 78%.
On a channel basis, Urban Financial is the top ranked lender for TPO/broker business by unit volume, whereas One Reverse is the top retail/direct originator for both the past twelve months (page 3) and the single month of April (page 4). There’s significant competition for the retail title, with 4 lenders averaging 439-466 retail loans per month year to date.
Find your company in the trailing twelve month rankings (page 3) or April rankings (page 4) by clicking the image below to access the report.