HECM endorsements growth in February was led by Retail/Direct lenders rising 20.3%, while Wholesale/Brokers put in a 14.3% increase that would be impressive in most any other month.
- Liberty led the way with 67.9% increase from Jan, putting its highest monthly volume total since August
- RMF jumped 22% on the month to 266 loans
- One Reverse bounced back after a weak January, rising 15% to 330 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!
Click the image below to access the full report.