- Total HECM endorsements were up 19.2% over 2020
- Refis made up 45.9% of all HECM endorsements in 2021, including 50.8% in Q4, up from 35.6% in Q4 2020
- Purchase loans made up just 4.2% of endorsements
- Just 1 of the top 10 managed the feat – Mutual of Omaha Mortgage at 50.3% growth, 30.7% refis, and 12.5% purchase business!
- 2 of the next 40 also met the test: VIP Mortgage (28.4%44.7%/15.8%) and Guild (20.7%/40%/4.8%)
- 11 of the next 50 made the cut to round out the top 100: Sun West, Hometown, Nexa, 55 Places, Directors, Trebor, American Mortgage & Equity Consultants, Mortgage South of Tennessee, Top Flite, Moria Development, and HECM Senior Home Financing