September 2024 Top 100 HECM Lenders Report - HECMWorld.com Skip to content
Advertisement

September 2024 Top 100 HECM Lenders Report

Advertisement
Advertisement
⬇︎WATCH THE VIDEO SUMMARY BELOW ⬇︎ Download this month’s report [pdf]  
View Annual Historical HECM Endorsements


What are the latest ranking changes in the Top-10-Lenders? Here’s the percentage of total endorsements that come from the top twenty retail HECM lenders. 

September Endorsement Commentary

by James E. Veale, CPA, MBA

Total HECMs endorsed in the month of September 2024 — 2,153. Total HECMs endorsed in the fiscal year ended September 30, 2024 —- 26,521.

In 21 fiscal years, fiscal year 2024  now officially stands as the worst fiscal year for HECM endorsements since September 30, 2003. 

So three of the last six fiscal years have been the worst fiscal years for HECM endorsements since September 30, 2003. Fiscal year 2024 is the worst, fiscal year 2019 is the second worst, and fiscal year 2023 is the third worst for any fiscal year for HECM endorsements since September 30, 2003.

Advertisement

Share:

Leave a Comment

No comment yet, add your voice below!


Add a Comment

Your email address will not be published. Required fields are marked *

Must Read:

Advertisement
Advertisement
Advertisement

Recent Stories

Topics

Subscribe to join our World

Get the latest reverse mortgage news delivered straight to your inbox.