45% of all HECM endorsements were from lenders who did 1 loan. Yes, that is correct… the largest segment of loan originating is coming from lenders who do 1 loan a month. Two years ago, lenders originating 1 loan a month only represented 31% of all endorsements. Lenders who originated 6 or more loans a month have declined 10% over the past 2 years.
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