Reverse Mortgage Daily
  • Home
  • About
  • Wholesale Lenders
  • Jobs
  • Awards
  • Advertise
  • Events
  • Contact
  • Data
  • Categories
    • Alternatives
      • EquityKey
      • REX
    • Commentary
    • Counseling
    • Data
    • Events
    • FHA
    • GNMA
    • Gov. Updates
    • International
    • Jumbo Products
    • Leads
    • Legislation
    • Lenders
    • Live Well
    • Marketing
    • MBA Reverse
    • 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
    • Reverse Mortgage
    • Reverse Mortgage Jobs
    • Senior Housing
    • Servicers
      • Celink
      • RMS
    • Technology
      • Bay Docs
      • Mortgage Cadence
      • Reverse Vision
    • Top HECM Lenders
    • Training
    • Warehouse Lines
  • RSS


« ML Implode? How about Reverse Mortgage Lenders Vanish
Reverse Mortgage News Headlines »

Top HECM Lenders in 2007

October 3rd, 2007  |  by admin Published in Products, Reverse Mortgage, Top HECM Lenders  |  1 Comment

Below you will find the top HECM lenders in 2007 through the month of September.  Also be sure to check out the sample report which breaks down the top lenders even more at the bottom.

Capture3

  • 7,695 HECMs endorsed in September down from August and the lowest month so far in 2007.
  • YTD total of 83,593, suggesting we will surpass last year’s total of 85,608 in October.
  • Market concentration as measured by the top 10 lenders’ collective market share continues to fall, at 43.9% vs. 44.3% last month YTD.

    Capture2

  • Interesting point to note that Countrywide had the sixth largest endorsement volume in Q307 (1.57% market share), overtaking well known names like American Reverse Mortgage and Omni Home Financing and just behind Vertical Lend.
  • September 2007 MIC Report

    “Market statistics and report sample provided by Reverse Market Insight, the leading source of market intelligence in the reverse mortgage industry.  For more information about RMI and to purchase the full MIC report with additional key performance indicators and market statistics, please visit our website at www.rminsight.net“

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


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

      Related Posts
    • Top HECM Lenders Through September 2008
    • Top HECM Lenders in 2007
    • Top HECM Lenders Through January 2009


    View Comments

    Feed Trackback Address
    1. 2007 October 04 says:

      October 4th, 2007 at 11:18 am (#)

      [...] 1.  Top HECM Lenders in 2007 – Below you will find the top HECM lenders in 2007 through the month of September.  – thanks John Y -  reversemortgagedaily http://reversemortgagedaily.com/2007/10/03/top-hecm-lenders-in-2007-3/ [...]

    Leave a Response

    blog comments powered by Disqus .


    Wholesale Lender Sponsors





    Sponsors






    Recent Articles

    • Volume Jumps 12% During August, Top Reverse Mortgage Lenders
    • Percentage of Older Americans Filing Bankruptcy Up 61% says Study
    • WSJ: Federal Backing of Mortgages Could Be Paid by Industry Fees
    • Second Consecutive Quarterly Decline in Negative Equity Rates
    • Bank of America Rolls Out No Servicing Fee Adjustable Rate HECM for Wholesale
    • New Credit Requirements for FHA Borrowers
    • Private Placement Securitization of Reverse Mortgages Receives AA Rating

    Popular Posts

    • FHA to Reduce HECM Proceeds and Raise Premiums in October
    • Appropriation for reverse mortgage program unlikely says HUD official
    • New Low Cost Reverse Mortgage Product Coming in October says HUD
    • Fannie Mae to Start Foreclosure Process on Reverse Mortgage Defaults
    • New FHA Reverse Mortgage Product May Offset Need for $250 Million from Congress



    RSS Reverse Mortgage Jobs

    • Reverse Mortgage Loan Officer
    • Reverse Mortgage Loan Officer
    • Reverse Mortgage Professional (Loan Officer) Massachusetts
    • Reverse Mortgage Professional (Loan Officer) Maryland
    • Loan Officer
    • Reverse Loan Officer & Processor

    RSS Reverse Mortgage Events

    • Free webinar: HECM purchase: growing your business
    • Free webinar: HECM purchase/ growing your business
    • Free webinar: Less stress & more loans...
    • Free webinar: Less stress & more loans...
    • Free webinar: Less stress & more loans...

    ©2010 Reverse Mortgage Daily
    Powered by WordPress using the Gridline Lite theme by Graph Paper Press.