Home Equity Conversion Mortgage (HECM) endorsements for April showed that the nation’s top brokerages continued to originate federally insured reverse mortgages at higher or similar levels to their pace over the past year. That’s according to data released this week by Reverse Market Insight (RMI) and published by HECMWorld.com.
Atlantic Avenue Mortgage remained on top of the monthly rankings of brokers and third-party originators, endorsing 110 HECMs in April. That represents a 34% increase from the company’s 12-month rolling average of 82 endorsements, and its rolling total for the past year jumped to 978 — up from 938 details ⇒
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