"Four of the 10 regions tracked posted month-over-month growth in April, but only two regions, the Great Plains and Mid-Atlantic, recorded year-to-date gains in HECM endorsements."
"Of the top 10 HECM lenders, six recorded increases month-over-month, with Mutual of Omaha leading the pack with 497 endorsements in April."
"Issuance of HECM Mortgage-Backed Securities totaled $525 million in April, up from $441 million in March but slightly below the $535 million issued in April 2025."
"Finance of America was again the top HMBS issuer in April with $170 million, up $32 million from March, followed by Longbridge Financial with $147 million."
In April, proprietary reverse mortgages influenced market dynamics, with four out of ten regions showing month-over-month growth. The Great Plains and Mid-Atlantic regions recorded year-to-date gains in HECM endorsements, despite limited proprietary product availability in several states. Six of the top ten HECM lenders saw month-over-month increases, with Mutual of Omaha leading. HMBS issuance totaled $525 million, an increase from March but slightly below April 2025 levels. Finance of America was the top HMBS issuer, followed by Longbridge Financial and Mutual of Omaha Mortgage.
Read at www.housingwire.com
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