Home Equity Conversion Mortgage (HECM) endorsements for August show that Atlantic Avenue Mortgage, loanDepot and Caliver Beach Mortgage remain the top brokers on a 12-month rolling basis, according to a report published Wednesday by HECMWorld.com based on data compiled by Reverse Market Insight (RMI).
The three leading brokers have remained intact for much of 2026, with Atlantic Avenue now at a rolling total of 1,002 endorsements, down slightly from 1,009 in July. loanDepot endorsed 43 loans in August, upping its rolling total to 476, while Caliver Beach produced 19 loans, dropping its rolling total slightly to 352.
The rest of the top 10 on a rolling basis includes West Capital Lending (194), C2 Financial Corp. (191), Barrett Financial Group (155), NEXA Lending (140), Carrington Mortgage Services (122), Senior Lending Corp. (115) and Integrity 1st Mortgage (107).
West Capital Lending had a strong month and jumped ahead of C2 Financial for #4, 194 to 191, after adding 15 loans in August. Caliver Beach Mortgage stays at #3 with 352.
HECMWorld.com noted in an email that it’s still waiting for data from the Department of Housing and Urban Development (HUD) to compile its HECM direct lender rankings for October. The data for the prior month is typically released in the first few days of each month.
September data published by RMI showed that HECM endorsements were down 6.7% from August, with the 1,790 loans in September representing the lowest total for any month since April 2020.
Last month, New View Advisors released the newest edition of its Proprietary Reverse Mortgage Production Index, which shows that private-label products are driving overall growth for reverse mortgage originations even as HECM production wanes. The company said that prop loans represented more than 60% of reverse mortgage volume in September — a share that is likely to rise further.
“Rising interest rates may challenge the reverse mortgage industry in the fourth quarter, but proprietary loans could still propel reverse mortgage industry totals to over $8 billion in 2026, versus $7.3 billion in total new originations of reverse mortgages in 2025,” New View explained.
Help arriving through lower Treasury yields, new tech?
In his weekly “Ribler on Rates” video series, Dan Ribler of Longbridge Financial said Wednesday that the 10-year Treasury yield, which closely connects with long-term mortgage rates, has offered some relief to capital markets and borrowers in recent weeks.
“In the last 30 days, the 10-year Treasury yield is down about 35 basis points at the same time as the S&P 500 is down about 2.5% to 3%. This is not a structural, massive repricing of anything,” Ribler said.
“This is just a 30-day cycle of risk-off — currencies, dollars moving out of riskier assets, whether it’s stocks, whether it’s AI infrastructure, into safer assets and Treasurys. As more dollars move into Treasurys, the price goes up and the yield comes down, and we get a little bit of rate love on our rate sheets.”
HousingWire‘s Mortgage Rates Center on Wednesday showed that 30-year fixed rates averaged 7.34%, although rates for reverse mortgage products typically run higher than that figure. Higher rates impact reverse mortgages differently than traditional forward mortgages as they eat into available proceeds for borrowers.
As lenders look to keep business flowing through the end of the year and beyond, they’re looking to technology as a potential spark plug.
On Wednesday, Nationwide Equities Corp. announced the launch of ReverseReach, which aims to help traditional mortgage brokers with lead generation efforts through their databases of past clients.
“We created ReverseReach to make uncovering those highly lucrative opportunities simple, efficient and accessible — even for brokers who have never closed a reverse mortgage before — so they can confidently and comfortably begin originating them,” CEO Paul Lamparillo said.
