January Top 100 HECM Lenders Report

by Shannon Hicks
| One Comment
| February 1, 2019

This report was compiled from data courtesy of Reverse Market Insight.

Editor in Chief: HECMWorld.com

As a prominent commentator and Editor in Chief at HECMWorld.com, Shannon Hicks has played a pivotal role in reshaping the conversation around reverse mortgages. His unique perspectives and deep understanding of the industry have not only educated countless readers but has also contributed to introducing practical strategies utilizing housing wealth with a reverse mortgage.

Shannon’s journey into the world of reverse mortgages began in 2002 as an originator and his prior work in the financial services industry. Shannon has been covering reverse mortgage news stories since 2008 when he launched the podcast HECMWorld Weekly. Later, in 2010 he began producing the weekly video series The Industry Leader Update and Friday’s Food for Thought.

Readers wishing to submit stories or interview requests can reach our team at: info@hecmworld.com.

1 Comment

The_Cynic
February 1, 2019 at 12:09 pm
The actual endorsement count so far (that is through the first four months of) this fiscal year 2019 is 9,044. If we compute the expected endorsement volume using the related (remembering the rule of thumb four month lag rule) case number assignments and annualized, modified conversion rate, we get about 11,800 endorsements. Knowing that the federal government shutdown could have delayed about 2,756 endorsements, one begins to see the approximate picture for endorsements in fiscal 2019. It seems as if this fiscal year will end up with about 36,000 endorsements resulting in what should be about a 25.6% drop in endorsements when compare to the 48,359 endorsements for fiscal 2018.
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