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Category Archives: HECM Originators

Final Rankings – HECM Originators December 2013

Final lender rankings for 2013 are here! Find your company in the consolidated list of lenders on page 3, or single month rankings of all originators including brokers on page 4.

Lender rankings shifted significantly over the course of 2013, especially as the response to 9/30 product changes started to settle in. Four different lenders achieved […]

Hello Brokers – HECM Originators July 2013

Updates from a broker and wholesale perspective have been hard to come by this year, but publishing this July edition of HECM Originators should give a better sense of total industry rankings including the effects of broker volumes.

We already know that HECM endorsement volume was up in July, but it had been harder to track […]

We’re Back! – HECM Originators April 2013

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 […]

Lender Rankings – HECM Originators Sep 2012

HECM volumes took it on the chin in September, dropping -10.6% from August. Retail (-11.1%) and Wholesale (-9.9%) fell by similar percentages, with the drop of First National Bank of Layton from Retail due to their previously announced exit likely made the difference between the two.

Continuing the trend of companies capitalizing on lender exits, Proficio […]

Changing Channels – HECM Originators July 2012

In our HECM Lenders report about July’s volumes, we noted that Metlife’s exit seemed to work through the endorsement numbers faster than Wells and BofA last year. The new information to report here is that both Wholesale/brokered and Retail/direct endorsements were down strongly(-27.8% and -24%, respectively), […]

HECM Originators – May 2012

We’ll keep it short and sweet today with just a few highlights from the May HECM Originators report:

  • Overall endorsements were down 3.6% vs April
  • Retail volume dropped 1% while Wholesale volume fell 7%
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    Be sure to check out the rankings to see where your company (or your closest competitor) finished for the past 12 months […]

    Gaining Share – HECM Originators April 2012

    HECM endorsements rose 5% in April, with the increase roughly similar across both retail/direct and TPO/wholesale channels. These aggregate numbers don’t show a significant spread between the channels, but as always there is a lot of movement among individual companies in the rankings.

    On page 4 of the report below, we find 4 of the top […]