The highest 10 HECM brokers for the 12-month interval ending in January had been led by Florida-based Atlantic Avenue Mortgage, which endorsed 935 HECM loans in the course of the interval. It additionally led all corporations by endorsing 113 loans in January 2026 — nicely above its 12-month common of 78 endorsements.
Second place went to loanDepot with 449 endorsements, together with 38 in January. Caliver Seashore Mortgage was third with 386, whereas C2 Financial Corp. (204) and Carrington Mortgage Services (153) rounded out the highest 5.
Dealer channel information for January lags lender data for February that was launched earlier this month by RMI. That report confirmed that HECM endorsements dropped by almost 21% from January to February, with the 1,821 loans endorsed final month representing the bottom stage since early within the COVID-19 pandemic.
New View Advisors reported detrimental impacts to the secondary market in February as HMBS issuance fell to $431 million throughout 66 swimming pools, with first participation right down to $260 million. That was down $103 million from January and $39 million beneath February 2025 ranges.
Stagnant exercise for the federally insured HECM program can also be tied to elevated demand for proprietary reverse mortgages, which accounted for 45% market share in December, based on New View.
That section has expanded considerably in recent times as main lenders like Mutual of Omaha Mortgage and Longbridge Monetary have launched and up to date their private-label product units.
On Tuesday, Finance of America mentioned that it might launch one in all its proprietary loans, HomeSafe Second, in three additional states. HomeSafe Second is a second-lien reverse mortgage that permits seniors to faucet house fairness with out buying and selling of their low-rate first mortgage. The product is now accessible in a complete of 16 states.
