Reverse Mortgage Daily

  • Home
  • About
  • Wholesale Lenders
  • Jobs
  • Awards
  • Advertise
  • Contact
  • Data
  • Content
  • Categories
    • Alternatives
      • EquityKey
      • REX
    • American Advisors Group
    • CFPB
    • Chart of the Day
    • Commentary
    • Counseling
    • Data
    • Events
    • FHA
    • GNMA
    • Gov. Updates
    • International
    • Interview Series
    • Jumbo Products
    • Leads
    • Legislation
    • Lenders
    • Live Well
    • Marketing
    • MBA Reverse
    • Moneyhouse
    • New Category
    • New York Life
    • News
    • NRMLA
    • Podcast
    • Products
      • 1st Reverse
      • Bank of America
      • Countrywide
      • Financial Freedom
      • FNMA Homekeeper
      • Generation Mortgage
      • Gold Reverse
      • Golden Gateway
      • Guardian First
      • HECM
      • JB Nutter
      • Liberty Reverse
      • Live Well Financial
      • LLS
      • MetLife
      • Quicken
      • Reverseit
      • Seattle Mortgage
      • Security One
      • Sun West
      • Virtual Bank
      • Wells Fargo
    • Rates
    • Retirement
    • Reverse Mortgage
    • Reverse Mortgage Jobs
    • Senior Housing
    • Servicers
      • Celink
      • RMS
    • Technology
      • Bay Docs
      • Mortgage Cadence
      • Reverse Vision
    • Top HECM Lenders
    • Training
    • Video
    • Warehouse Lines
  • RSS




« Reverse Mortgage News Headlines
Reverse Mortgage Trends Podcast »

Top HECM Lenders in 2007

June 10th, 2007  |  by John Yedinak Published in Reverse Mortgage

Below are the top HECM lenders of 2007… so far.  Remember that this list doesn’t include any proprietary products.

  Lender # of Endorsed Loans
1. Wells Fargo Bank NA 7210
2. Financial Freedom Senior Funding 4461
3. Seattle Mortgage Company 1134
4. Liberty Reverse Mortgage Inc 874
5. American Reverse Mortgage Corp 686
6. Vertical Lending Inc 608
7. Omni Home Financing Inc 462
8. Urban Financial Group 452
9. Academy Mortgage LLC 427
10. M and T Bank 421

This information is gathered from the Reverse Mortgage Information web site.  Also, check out his post May HECM Activity Rebounds post that shows

After slipping in April, HECM reverse mortgage loan endorsements (as reported by HUD) posted their second strongest month ever in May. A total of 10,409 HECM loans were endorsed in May. This was only the second time that monthly loan activity has surpassed the 10,000 mark. In March, 10,888 HECM loans were endorsed – the highest ever monthly total. For the most recent 12-month period (June 2006 – May 2007), the average monthly HECM volume was 8,117, the first time this measure has surpassed the 8,000 level.

HECM Loan Activity May 2007

Technorati tags: Reverse Mortgage, Reverse Mortgage News, HECM Lenders, HECM, FHA, HUD, Reverse Mortgage Lender


Sign up to receive free updates like this by email or subscribe by RSS feed. Thanks for reading!

  • Share this:
Email This Post Email This Post Print This Post Print This Post
    Related Posts
  • Top HECM Lenders in 2007 Update
  • Top HECM Lenders in 2007
  • Top HECM Lenders Through June 2008



.

Daily news on the reverse mortgage industry delivered to your inbox.



Wholesale Lender Sponsors







Sponsors






Exclusive Training Provider







RSS Reverse Mortgage Jobs

  • Reverse Mortgage Underwriter
  • MetLife Reverse Mortgage Professionals Wanted
  • Reverse Mortgage Consultant
  • Reverse Mortgage Consultant
  • Reverse Originator
  • Loan Officer
  • Reverse Mortgage Originator Virginia
  • Reverse Mortgage Originator Maryland

Recent Articles

  • EBRI: Poverty Rising Among Retirees As Bad Economy Depletes Assets
  • Reverse Mortgage “Pre” Counseling Serves Some, Not All
  • For Aging in Place, Seniors Look to New “Village” Concept
  • Which Product is Right for The Reverse Mortgage Consumer?
  • WSJ: Retirees Turn to Savings Alternatives, Home Equity
  • Older Americans Less Likely to Need Mortgage Help, Very Few Seek Counseling
  • New Reverse Mortgage Borrower Emerges, LO Comp Debate Continues

Popular Posts

  • NCOA to Congress: Take Note of a New Trend in Reverse Mortgage Borrowers
  • Is the CFPB Creating a "Seismic Shock" Through LO Comp Rule Making?
  • NCOA to Congress: Don't Let HUD Overdo Reverse Mortgage Financial Assessment
  • NRMLA Western Conference Recap: HUD, Financial Planners on Reverse Mortgages
  • Reverse Mortgage "Pre" Counseling Serves Some, Not All


Our Sites

Long Term Care Daily

Senior Housing News

Home Health Care News


©2012 Reverse Mortgage Daily
Powered by WordPress using the Gridline Lite theme by Graph Paper Press.