Real Estate & Home

Mutual of Omaha remains No. 1 as HECM endorsements fall 4.7% in May

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Mutual of Omaha remains the largest U.S. reverse mortgage lender, despite a 4.7% overall decline in Home Equity Conversion Mortgage (HECM) endorsements in May. This trend is significant for professionals in the real estate and finance sectors, indicating a broader market slowdown and reduced HMBS issuance. Finance of America and Longbridge Financial follow as top lenders, with overall endorsements and HMBS issuance reaching multi-year lows.

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