Reverse Market Insight reports that after last month’s 20% drop, wholesale volume picked up a bit in June, growing just north of 8% to 4,623 units, with trailing 12 month volume coming in at 60,448.
Below is a list of the top wholesale reverse mortgage lenders over the last 12 months.
|3||Bank of America||8,343||-25.0%|
|5||World Alliance Financial||5,603||50.6%|
What I find even more interesting is the wholesale numbers for the month of June. MetLife took the #1 spot for the first time and we see Urban Financial/Reverseit enter the top 5. Below is a list graph showing the top 5 wholesalers volume for June 2009.