Download your January Top 100 Retail HECM Lenders Report Here.
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Does the first month of 2013 foreshadow rankings for this year? While the top 10 remains relatively unchanged from December the impact of the fixed rate suspension will not show until later this year.
Download your December Top 100 Retail HECM Lenders Report Here.
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2012 is over and what a year it was! Liberty Home Equity (formerly Genworth Financial) moved from #3 to the top spot while New Day & Associated Mortgage broke the top ten ranks this month. 2012 was a year of consolidation and the emergence of new players.
Download your November Top 100 Retail HECM Lenders Report Here.
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Moves from #5 to #1 seem to be the trend as One Reverse Mortgage leapfrogged from #5 last month to the top spot in November. Security One Lending who was #1 in October is holding strong at #2. Greenlight Financial Services moved considerably up from #25 to break into the top ten at #10 in November while M&T moved from #19 to #9.
Security One Lending shot from #5 last month to the top spot in October; a sure sign of their rapid expansion. AAG holds the #2 spot again yet showing …
Continue readingDownload your September Top 100 Retail HECM Lenders Report Here.
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Genworth made the jump from third to first while AAG & Security One Lending remain strong in the top 10 moving one notch. RMS made a huge jump from 40 in August to break the top 25 at 23rd position. Overall endorsement volume remains down year over year but lenders are growing rapidly due to consolidation and we should see further increased endorsements as former MetLife loan officers pipelines move through to endorsements in the coming months.
August reveals some big movers in HECM lending. AAG (American Advisor’s Group) moved from #5 to the top spot and Security One Lending shot up from #7 to #4 ranking this month. MetLife went from #6 in August with 250 loans down to #42 this month as their pipeline of loans has mostly cleared….
Continue readingThe exit of MetLife shows dramatically with their endorsements dropping from over 1,200 in June to 250 this month as their loan pipeline begins to empty. Notable movers this month include Urban Financial from #4 to #2 spot and One Reverse taking the #1 spot that MetLife had dominated for so long….
Continue readingDespite MetLife’s exit their endorsements remain on this month’s report. There is a little jockeying around amongst the top 10 and trends indicate some big changes in the coming months. See the full Top 100 Retail HECM Lenders Report for more.
Continue readingThe top 10 lenders are beginning to see big changes while MetLife’s endorsements will keep them in the mix for months to come. Who is moving and where in the month’s report.
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