June Top 100 HECM Lenders Report

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View Annual Historical HECM Endorsements

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

James E. Veale. MBT
July 1, 2022 at 1:03 pm
The total HECM endorsements for just the NINE.months ended 6/30/2022 was over 50,600. That total is greater than the HECM endorsements for any of the four fiscal years that preceded 10/1/2022. Those fiscal years were the twelve consecutive month periods that ended

1. 9/30/2018,
2. 9/30/2019,
3. 9/30/2020, and
4. 9/30/2022

Since the endorsements for June largely result from HECM applications with case number dated before April 1, 2022, we can safely estimate that total HECM endorsements for this fiscal year will exceed 62,000 (and most likely 65,000), making fiscal 2022, the highest year for HECM endorsements since fiscal 2011, eleven years ago

Yet fiscal 2023 will no doubt end with HECM endorsements of less than 38,000 due to an expected decline in HECM Refi endorsements.
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