HECM endorsements rose 3.8% in May, with Retail (+10.7%) outperforming Wholesale (-5%) for the 4th consecutive month.
Only 3 of the top 10 lenders increased volume in May, but putting that together with Retail dominance should make the top performing lender no surprise:
- AAG lapped the field, jumping 32% to put 1,000+ loans between them and second place
- Hightech Lending rose 16.2% to 86 loans
- RMF inched up 1.4% to finish with 447 loans
Check out the originator rankings on page 4 to see more companies outside the top 10 doubling or tripling their reverse volume this year!
See the full report below by clicking on the image.