HECM Originators for May 2024

July 30, 2024

May 2024 brought great news with a 17% increase in HECM endorsements, totaling 2,460 loans. The Wholesale/Broker sector bounced back impressively with a 27% rise after two months of decline, while the Retail/Direct segment showed steady growth with an 11.1% increase.

We're also excited to share that Plaza Home Mortgage^® was ranked among the top 10 in HECM originations for May 2024. This achievement is a true testament to the trust and support of our amazing clients, and we're grateful for the opportunity to continue serving you with excellence.

See the full report here.

Category: Reverse Market News

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