February Top 100 HECM Lenders Report

Download your February 2018 Top 100 Retail HECM Lenders Report Here.

This Report Does Not Include Broker or TPO Data

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

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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.

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1 Comment

The Cynic
March 1, 2018 at 12:31 pm
February results are very disappointing in that over 20,400 case numbers assigned in September 2017, all we have seen for January and February is 11,514 endorsements. It was generally anticipated before January 2018 that the total endorsements coming out of September 2017 case number assignments would be much closer to 14,000 endorsements for the total endorsements from January and February 2018.

Some originators spoke of the disappointing pull through rates they were seeing in their pipelines. With numbers as low as they have been for the last two months, the total endorsements for fiscal 2018 should fit the continuing pattern of downward sloping hill to valley secular stagnation that the industry has been experiencing over the last five consecutive fiscal years.
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