Mutual of Omaha Mortgage led originations for the federal reverse mortgage program in 2025, a year in which Home Equity Conversion Mortgage (HECM) endorsements faced a 43-day shutdown and overall volume remained relatively flat compared to 2024.

Mutual of Omaha endorsed 447 HECMs in December, bringing its total for all of 2025 to 5,740 loans, down from 6,149 in 2024, according to data compiled by Reverse Market Insight (RMI). Last year, the company also entered the proprietary reverse mortgage market with its April launch of SecureEquity+.

Finance of America (FOA) followed with 352 loans in December and details ⇒

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