Some of the top aggregators of government-insured correspondent loans pulled back from the market in the second quarter. Retail production grew to 56.5% of FHA/VA lending. (Includes data chart.)
The outlook for HECM lending remains positive as rates remain low and seniors move to tap home equity during these troubled economic times. (Includes data chart.)
Freedom Mortgage remained the top FHA lender at the midway point in 2020 as several of its competitors pulled back from the market. The nonbank extended its lead in the VA sector. (Includes three data charts.)