Reverse Market Insight reports that after last month’s 20% drop, wholesale volume picked up a bit in June, growing just north of 8% to 4,623 units, with trailing 12 month volume coming in at 60,448.
Below is a list of the top wholesale reverse mortgage lenders over the last 12 months.
| Lender | Units | Growth | |
| 1 | Financial Freedom | 14,291 | -38.2% |
| 2 | JB Nutter | 13,819 | 18.9% |
| 3 | Bank of America | 8,343 | -25.0% |
| 4 | MetLife | 5,864 | 105.3% |
| 5 | World Alliance Financial | 5,603 | 50.6% |
| 6 | Generation Mortgage | 2,908 | 270.0% |
| 7 | Urban Financial | 2,269 | 419.2% |
| 8 | Genworth Financial | 1,922 | 193.3% |
| 9 | Sun West | 1,798 | NA |
| 10 | Wells Fargo | 1,396 | 638.6% |
What I find even more interesting is the wholesale numbers for the month of June. MetLife took the #1 spot for the first time and we see Urban Financial/Reverseit enter the top 5. Below is a list graph showing the top 5 wholesalers volume for June 2009.
