HECM Originators for May 2024

July 30, 2024

May 2024 brought great news with a 17% increase in HECM endorsements, totaling 2,460 loans. The Wholesale/Broker sector bounced back impressively with a 27% rise after two months of decline, while the Retail/Direct segment showed steady growth with an 11.1% increase.

We're also excited to share that Plaza Home Mortgage^® was ranked among the top 10 in HECM originations for May 2024. This achievement is a true testament to the trust and support of our amazing clients, and we're grateful for the opportunity to continue serving you with excellence.

See the full report here.

Category: Reverse Market News

Viewed 102 times |  Print

Plaza NMLS 2113

This information is provided by Plaza Home Mortgage, Inc. as a courtesy to its mortgage professional clients and the public and is meant for instructional purposes only. None of the information provided is intended to be legal advice in any context. Plaza does not guarantee, warrant, ensure or promise that information provided is accurate. Terms and conditions of programs and guidelines are subject to change at any time without notice. Any unauthorized use or distribution of this information is strictly prohibited. This is not a commitment to lend. ® 2024 Plaza Home Mortgage, Inc. Plaza Home Mortgage and the Plaza Home Mortgage logo are registered trademarks of Plaza Home Mortgage, Inc. All other trademarks are the property of their respective owners. All rights reserved. Plaza Home Mortgage, Inc. is an Equal Housing Lender. Plaza NMLS 2113 NMLS consumer access