9 Comments

1. 

   hecmvet

   December 1, 2014 at 11:13 am

   Shannon, does anyone tabulate this “top 100 Lenders Report” to determine a weighted average percentage increase or decrease from month to month, year to year etc ?
   These negative production results YTD in this report don’t seem to agree with the Reverse Mortgage Insight report presented in Reverse Mortgage Daily today.

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     Shannon HicksModerator

     December 1, 2014 at 2:12 pm

     HECMVet, We actually get our data directly from RMI for the reports so I’m unsure as to why the volume increase/decrease figures differ from their analysis on RMD.

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     The_Cynic

     December 2, 2014 at 12:44 pm

     hecmvet,

     RMI is strong on its historical analysis. They are poor, very poor, when it comes to trend analysis and prognostication.

     Perhaps you can illustrate the problems you are referring to. It is hard for me to picture the problem you describe.

     Just remember RMI is marketing to and FOR lenders and thus they tend to find sliver lining rather than realistic perspectives. RMI cannot sell to lenders if their emphasis is on how bad things are and what direction things are really going.

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2. 

   hecmvet

   December 2, 2014 at 5:56 am

   I look forward to their answer.

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3. 

   Tom R

   December 3, 2014 at 7:04 am

   Shannon,

   Can you tell me more about lead generation? Do any lenders offer leads to LO’s ? I am trying to break in to this market as I see all the benefits the RM offers to seniors.

   Thanks for your input.

   Tom

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     Shannon HicksModerator

     December 3, 2014 at 3:16 pm

     Tom: I am unaware of any lenders offering leads to originators outside their organization. We do have a great lead shopping tool called Lead Central. You can try it at the link below (requires free or paid account).
     https://www.reversefocus.com/user/marketing/lead-central/

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     Walt

     December 8, 2014 at 10:57 am

     Tom R,

     Yes, several lenders do sell leads, you need to contact them directly. Not all but many, especially those in excess due to above average lead generation efforts

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4. 

   Demas Lamas

   December 12, 2014 at 5:36 am

   When are we going to start reporting on Top 100 Reverse Mortgage Originators– the loan officers, not the loan companies?

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     Shannon HicksModerator

     December 12, 2014 at 9:03 am

     Demas, That would be an interesting and insightful report. Such a report would have to come from HUD’s endorsement data directly. I would recommend suggesting this to Reverse Market Insight (RMI) as they compile the report data for us each month. Not sure if it’s possible but worth a try.

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