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The top 10 reverse mortgage lenders of 2023

Reverse mortgage professionals saw a changing top 10 landscape in 2023 that could have big implications for the business in 2024.

United statesScott gordonJohn lundeGuild mortgageMutual of omahaHousing administrationAmerican advisors groupReverse market insightAmerica reverseOmaha mortgageHome equity conversion mortgageTexas based openCherry creek mortgageGuaranteed rate

How the top 10 reverse mortgage lenders were remade in 2023

RMD looks back at how the reverse mortgage leaderboard went through a rapid evolution in 2023, reshaping the top players.

United statesTyler plackHarlan accolaScott normanGinnie maeScott gordonJohn lundeAmerican advisors groupCardinal financial servicesGuild mortgageMortgage bankers associationMutual of omahaNational reverse mortgage lenders associationHousing administrationMovement mortgageAdvisors group

Reverse mortgage endorsements see a sharp drop as HMBS issuance falls modestly in November

November saw a reverse mortgage endorsement drop absent case number assignment data, while issuance was nearly level with October data.

United statesGinnie maeJohn lundeMutual of omahaFairway independent mortgage corporationGuild mortgageAmerican advisors groupEquity conversion mortgageReverse market insightNew viewConstant maturity treasuryNew englandLiberty reverse mortgageCherry creek mortgageReverse mortgage fundingOpen mortgage

Reverse mortgage volume sees slight uptick, but HMBS issuance drops again in October

HECM volume was flat in October, according to RMI data, while HMBS issuance fell again, based on data from Ginnie Mae and New View Advisors.

United statesGinnie maeJohn lundeTraditional mortgage acceptance corpGuild mortgage companyEquity conversion mortgageReverse market insightNew viewReverse mortgage fundingTraditional mortgage acceptanceGoodlife home loansLiberty reverse mortgageAmerica reverseAll points memorandum

Reverse mortgage volume fell while HMBS issuance rose slightly in September

The rate environment, lagging case numbers and an issuer pooling four months’ worth of production combined into a lopsided metric picture.

Michael mccullyGinnie maeJohn lundeGuild mortgageHousing administrationEquity conversion mortgageReverse market insightFederal housing administrationNew viewLongbridge financialGreat plainsNew jerseyCherry creek mortgageNew view advisors partner michael mccully

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