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« Mortgage Cadence Adds Compliance Modeling to Origination Platform
HUD Notice Asks Serious Questions About Use of Reverse Mortgage Proceeds »

Financial Freedom Takes Top Wholesale Lender Title for FY 2009

November 19th, 2009  |  by admin Published in Financial Freedom, News, Reverse Mortgage, Top HECM Lenders  |  2 Comments

Wholesale reverse mortgage volume for the month of September totaled 5,567 units, up 6.1% from August and marking the 6th highest wholesale volume month on record according to data from Reverse Market Insight. 

For fiscal year 2009, wholesale endorsements totaled 60,798, dropping just under 1% from FY 2008.  Financial Freedom took home the #1 reverse mortgage wholesale spot in FY 2009 with JB Nutter coming in at #2.

Taking a look at the top 5 wholesalers for the month of September shows how much things have changed over the last year, but Financial Freedom still holds the #1 spot.  One pleasant surprise is Sun West entering the top 5 for the first time in a while.

Also, Genworth’s wholesale business doesn’t seem to be slowing down, coming in with 771 units endorsed in September.

 

Wholesale Leaders – September 2009

Technorati Tags: Reverse Mortgage,News,HECM,FHA,HUD,Financial Freedom
    Related Posts
  • Wholesale Reverse Mortgage Volume Down 7% in 2009, Financial Freedom Holds On
  • MetLife Grabs Top Wholesale Reverse Mortgage Lender Spot
  • MetLife Becomes Top Wholesale Lender as Financial Freedom Falls


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  1. hecmpro says:

    November 20th, 2009 at 12:16 pm (#)

    Any suggestions on the top/worst 5 lenders ranking their customer service ?

  2. Anonymous says:

    November 20th, 2009 at 7:16 pm (#)

    Any suggestions on the top/worst 5 lenders ranking their customer service ?rnrnrnrnrnrnrnrn

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