Reverse Market Insight

Wholesale Continues Positive Momentum 

For the second consecutive month, wholesale HECM endorsement percentage growth outpaced retail growth. The Wholesale Leaders Report from Reverse Market Insight (RMI) with data through February shows that despite the many regulatory challenges, wholesale production continues to battle back.   The total endorsements grew by 6.5% in February driven primarily by a 16.2% increase in wholesale endorsements.  Retail endorsements crossed over to positive growth of 0.6% after seeing a decline in January. After falling to a low market share of 33.7% in December, wholesale production has bounced back significantly to 40.8% of total production.  It is still down from