HECM endorsements rose 15.8% in August after a sharp decline in July, with growth balanced well across Retail and Wholesale. Both gained by double digits and ended just above their June totals.
Among lenders growth was similarly broad based, with all of the top 9 (exc. RMS) showing >10% growth:
- One Reverse led the way, rising 59.7% to 313 loans
- Live Well jumped 34.1% to 181 loans
- High Tech grew 33.7% to 119 loans
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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