Below you will find the top HECM lenders through July in 2008. Be sure to check out the sample report which breaks down the top lenders even more at the bottom.
- Overall endorsement volume for July came in at 9,484 units, down just about 6% from the previous month, and bringing the year-to-date endorsement number up to 68,719.
- The top 10 lenders have contributed 25,720 loans year to date, or 37.4% of total industry volume.
- Regionally, we continue to see the most strength in the Southeast, Southwest and Rocky Mountain regions, with the Pacific/Hawaii and New England regions bringing up the rear.
- Active lender counts continue to grow at a much faster rate than unit volume — 84% active lender growth vs 2.7% endorsement growth YTD.
The report below includes new endorsements per lender and new lenders per month charts.
“Market statistics and report sample provided by Reverse Market Insight, the leading source of market intelligence in the reverse mortgage industry. For more information about RMI and to purchase the full MIC report with additional key performance indicators and market statistics, please visit our website at www.rminsight.net“
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