The leading 10 HECM brokers for the 12-month duration ending in January were led by Florida-based Atlantic Avenue Home loan, which endorsed 935 HECM loans throughout the period. It also led all companies by backing 113 loans in January 2026– well above its 12-month average of 78 recommendations.
2nd place went to loanDepot with 449 endorsements, consisting of 38 in January. Caliver Beach Home mortgage was 3rd with 386, while C2 Financial Corp. (204) and Carrington Mortgage Services (153) completed the leading 5.
Broker channel information for January lags lending institution information for February that was released earlier this month by RMI. That report revealed that HECM recommendations come by nearly 21% from January to February, with the 1,821 loans endorsed last month representing the most affordable level considering that early in the COVID-19 pandemic.
New View Advisors reported unfavorable effects to the secondary market in February as HMBS issuance was up to $431 million throughout 66 pools, with very first involvement down to $260 million. That was down $103 million from January and $39 million below February 2025 levels.
Stagnant activity for the federally guaranteed HECM program is also connected to increased need for exclusive reverse home loans, which accounted for 45% market share in December, according to New View.
That segment has actually broadened considerably in recent years as leading lenders like Mutual of Omaha Mortgage and Longbridge Financial have actually released and upgraded their private-label item sets.
On Tuesday, Finance of America stated that it would launch among its proprietary loans, HomeSafe Second, in three additional states. HomeSafe Second is a second-lien reverse mortgage that enables seniors to tap home equity without trading in their low-rate very first mortgage. The item is now readily available in a total of 16 states.