Top reverse mortgage broker rankings remain steady through August
Atlantic Avenue Mortgage, loanDepot, and Caliver Beach Mortgage maintained their top positions among Home Equity Conversion Mortgage brokers on a 12-month rolling basis through August.
FTMQ Real Estate, written by our newsroom0 views
Atlantic Avenue Mortgage, loanDepot, and Caliver Beach Mortgage remained the top three Home Equity Conversion Mortgage brokers on a 12-month rolling basis through August, HousingWire reported on Wednesday. The rankings were published by HECMWorld.com using data compiled by Reverse Market Insight. [1]
Atlantic Avenue Mortgage led the sector with a rolling total of 1,002 endorsements in August, HousingWire reported. That figure represents a slight decline from the 1,009 rolling endorsements recorded for the firm in July. [1]
loanDepot endorsed 43 loans during August, which increased its 12-month rolling total to 476 endorsements, according to HousingWire. Caliver Beach Mortgage produced 19 loans in August, bringing its 12-month rolling endorsement total down slightly to 352. [1]
HousingWire reported that overall broker rankings showed little movement in the Home Equity Conversion Mortgage market. However, a new technology offering alongside potential interest rate reductions could provide future support to endorsement volumes. [1]
In short
- Atlantic Avenue Mortgage led brokers with 1,002 rolling HECM endorsements in August.
- loanDepot posted 43 endorsements in August, raising its 12-month rolling total to 476.
- Caliver Beach Mortgage endorsed 19 loans in August for a 12-month rolling total of 352.
- The data was compiled by Reverse Market Insight and published by HECMWorld.com.
Sources
Every paragraph above points to the numbered items it rests on. Read the originals here.
- [1]HECM broker rankings for August stay steady as shift to proprietary products rolls onHousingWire, 4h ago (the report this story comes from)
Background
- [2]August on Wikipedia
- [3]August on Grokipedia
- [4]Posted lender mortgage rates hold steady across major tracking metrics FTMQ Real Estate, 9d ago
Our newsroom writes these reports with the help of software, from the 4 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.
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