HECM endorsements dropped -5.6% in June, as Retail sank -8.7% and Wholesale held steadier at -0.9%.
Just 3 of the top 10 lenders gained on the month:
- HighTech jumped 73.5% to 59 loans after a tough May
- Fairway gained 40% to 98 loans in their highest showing since February
- Finance of America Reverse grew 35.8% to 410 loans
Click the image below to access the full HECM Originators report including the most comprehensive originator rankings available on page 4.