{"id":47580,"date":"2026-03-19T01:24:04","date_gmt":"2026-03-18T22:24:04","guid":{"rendered":"https:\/\/mk.gen.tr\/atlantic-avenue-mortgage-leads-hecm-broker-endorsement-activity-in-january\/"},"modified":"2026-03-19T01:24:04","modified_gmt":"2026-03-18T22:24:04","slug":"atlantic-avenue-mortgage-leads-hecm-broker-endorsement-activity-in-january","status":"publish","type":"post","link":"https:\/\/mk.gen.tr\/tr\/atlantic-avenue-mortgage-leads-hecm-broker-endorsement-activity-in-january\/","title":{"rendered":"Atlantic Avenue Mortgage leads HECM broker endorsement activity in January"},"content":{"rendered":"

Following in the footsteps of an initial dataset for 2025<\/a>, Reverse Market Insight <\/strong>(RMI) and HECMWorld published updated numbers this week for reverse mortgage broker and third-party originator activity.<\/p>\n

While the top Home Equity Conversion Mortgage (HECM<\/a>) originators for January 2026 did not vary from 2025 as a whole, they offer insight into which companies hit the ground running in 2026 \u2014 a year likely to be defined by high levels of senior home equity<\/a>, mortgage rate movements<\/a> and potential changes<\/a> to the HECM and HECM Mortgage-Backed Securities (HMBS) programs.<\/p>\n

The top 10 HECM brokers for the 12-month period ending in January were led by Florida-based Atlantic Avenue Mortgage<\/strong>, which endorsed 935 HECM loans during the period. It also led all companies by endorsing 113 loans in January 2026 \u2014 well above its 12-month average of 78 endorsements.<\/p>\n

Second place went to loanDepot<\/a><\/strong> with 449 endorsements, including 38 in January. Caliver Beach Mortgage<\/strong> was third with 386, while C2 Financial Corp.<\/a><\/strong> (204) and Carrington Mortgage Services<\/a> <\/strong>(153) rounded out the top five.<\/p>\n

Broker channel data for January lags lender data for February<\/a> that was released earlier this month by RMI. That report showed that HECM endorsements dropped by nearly 21% from January to February, with the 1,821 loans endorsed last month representing the lowest level since early in the COVID-19 pandemic.<\/p>\n

New View Advisors <\/strong>reported negative impacts to the secondary market in February as HMBS issuance fell to $431 million across 66 pools, with first participation down to $260 million. That was down $103 million from January and $39 million below February 2025 levels.<\/p>\n

Stagnant activity for the federally insured HECM program is also tied to increased demand for proprietary reverse mortgages<\/a>, which accounted for 45% market share in December, according to New View. <\/p>\n

That segment has expanded significantly in recent years as leading lenders like Mutual of Omaha Mortgage<\/strong> and Longbridge Financial <\/strong>have released and updated their private-label product sets. <\/p>\n

On Tuesday, Finance of America<\/strong> said that it would launch one of its proprietary loans, HomeSafe Second, in three additional states<\/a>. HomeSafe Second is a second-lien reverse mortgage that allows seniors to tap home equity without trading in their low-rate first mortgage. The product is now available in a total of 16 states.<\/p>","protected":false},"excerpt":{"rendered":"

Following in the footsteps of an initial dataset for 2025, Reverse Market Insight (RMI) and HECMWorld published updated numbers this week for reverse mortgage broker and third-party originator activity. While the top Home Equity Conversion Mortgage (HECM) originators for January 2026 did not vary from 2025 as a whole, they offer insight into which companies…<\/p>","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/mk.gen.tr\/tr\/wp-json\/wp\/v2\/posts\/47580"}],"collection":[{"href":"https:\/\/mk.gen.tr\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mk.gen.tr\/tr\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mk.gen.tr\/tr\/wp-json\/wp\/v2\/comments?post=47580"}],"version-history":[{"count":0,"href":"https:\/\/mk.gen.tr\/tr\/wp-json\/wp\/v2\/posts\/47580\/revisions"}],"wp:attachment":[{"href":"https:\/\/mk.gen.tr\/tr\/wp-json\/wp\/v2\/media?parent=47580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mk.gen.tr\/tr\/wp-json\/wp\/v2\/categories?post=47580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mk.gen.tr\/tr\/wp-json\/wp\/v2\/tags?post=47580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}