MortgageReverse

Wholesale Reverse Mortgage Volume Continues to Slide, MetLife Holds Top Spot

Wholesale reverse mortgage volume came in at 3,900 units in November, down 17% from October.  November’s volume is the lowest the industry has seen in 2009 and brings YTD total to 54,609.

MetLife retained its #1 spot in November with 1,123 units but still saw its volume decline a bit from October.

The only reverse mortgage lender in the top 5 who saw volume increase in November was Bank of America with 851 units.  Below is a chart of the top wholesale lenders in November.

Chart: Top 5 Wholesale Lenders November

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Top 5 Wholesale Lenders November

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