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HECM Originators – July 2016

HECM endorsements dropped -6.2% in July, with Retail giving back all of the gains in June on a -7.2% decline while Wholesale posted a fifth straight month of declines, down -4.8%. Even so, several companies showed impressive growth on the month in our page 4 rankings:

  • ReverseMortgages.com grew 26.9% from June and continues an impressive first year in the business with 300 loans year to date and 8th place ranking in July
  • Quontic Bank jumped 92.3% in July to 25 loans and 18th place on our list
  • Reverse Mortgage Funding’s retail team jumped 68.5% to 182 loans and 3rd place

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.

HECM Originators