Federally insured reverse mortgage originations remained broadly stable among the nation’s leading brokerages in April, according to Housing Wire, citing data from Reverse Market Insight published by HECMWorld.com. Atlantic Avenue Mortgage led all brokers and third-party originators with 110 endorsements during the month — a 25% increase over March and 34% above its 12-month rolling average — bringing its annual rolling total to 978. loanDepot held the second position with a 12-month rolling total of 456, followed by Caliver Beach Mortgage at 393 and C2 Financial Corp. at 178.
The broader HECM market continues a longer-term contraction. FHA data cited by the National Reverse Mortgage Lenders Association shows endorsements have fallen from a peak of roughly 114,692 in fiscal year 2009 to 28,172 in FY 2025 — a 22-year low. Meanwhile, private-label reverse mortgage originations surpassed HECM volume in the first quarter of 2026, with proprietary loans reaching $953 million against $875 million for HECMs, per New View Advisors.
ParkPoint Perspective
The structural shift from government-backed to proprietary reverse mortgage products is a signal that senior homeowners in higher-value markets are seeking more flexible equity-access vehicles — a trend worth monitoring in supply-constrained metros where home values have appreciated well above FHA program ceilings. This suggests growing latent liquidity among aging homeowners who may eventually become motivated sellers. For investors focused on demographically driven demand, the composition of that senior ownership base — and its evolving financial flexibility — may increasingly influence acquisition timing and asset availability in core markets.
Source: New York YIMBY