HECM

HECM broker rankings hold steady in March as Atlantic Avenue stays at No. 1

The country’s largest reverse mortgage brokerages based on February activity continued to set the pace in March across the Home Equity Conversion Mortgage (HECM) space, according to endorsement data released Thursday by Reverse Market Insight (RMI) and published by HECMWorld.com. The top five brokerages by HECM endorsement count were unchanged during the year ending in […]

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Supreme Lending’s John Luddy on the ‘3 deadly sins’ of reverse mortgages

When it comes to the process of selling a reverse mortgage, John Luddy exemplifies the clichéd phrase, “been there, done that.” After 40 years in the mortgage industry, including more than 20 in the reverse channel, there’s not much that surprises the Connecticut-based senior vice president of Supreme Lending. At last week’s Reverse Mastermind Summit

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HUD audit warns 1,237 reverse mortgage accounts may run out

An audit from the U.S. Department of Housing and Urban Development (HUD)’s Office of Inspector General (OIG) found that more than 1,200 reverse mortgage borrowers could exhaust funds set aside to pay property taxes and insurance years earlier than expected, potentially exposing HUD to hundreds of millions of dollars in losses. The audit, released May

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Reverse mortgage originator shares sales mindset tips

At last week’s Reverse Mastermind Summit in Tennessee, Bruce Simmons of American Liberty Mortgage shared some of the secrets behind his successful career as a reverse mortgage originator. His motivational message to the audience centered around helping them answer a key question: What is my why? Simmons, who’s based in Denver, outlined three key steps

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Women take the leadership reins at Reverse Mastermind Summit

Three women with prominent roles in the reverse mortgage industry took the stage Tuesday at the Reverse Mastermind Summit in Knoxville, Tennessee, sharing personal stories while converging on sales advice around the power of narrative, the importance of relationships with financial planners and the need for higher professional standards. Christine Jensen of Fairway Home Mortgage

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Reverse Mastermind Summit kicks off with practical advice, choice words

Reverse mortgage professionals converged in Knoxville, Tennessee, this week for the inaugural Reverse Mastermind Summit — a three-day event designed to bolster the sales skills of industry newcomers by surrounding them with knowledge from industry veterans. The event opened Tuesday with remarks from three leaders behind the event — Loren Riddick of NEXA Lending, Shannon

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April HMBS issuance rises to $525 million, HECM dips

U.S. reverse mortgage endorsements declined slightly in April as proprietary products continued to gain traction in parts of the market, according to data released on May 1 by Reverse Market Insight (RMI). Home Equity Conversion Mortgage (HECM) endorsements fell 1.4% from March to 2,088 loans in April, reflecting continued pressure on the government-backed reverse mortgage

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Reverse Focus co-founder Shannon Hicks to join HighTechLending

Reverse Focus co-founder and longtime HECMWorld editor Shannon Hicks announced Thursday that he will leave the reverse mortgage technology and media firm on May 1 to become chief content officer at HighTechLending. Hicks has spent the past 15 years helping to build HECMWorld into an education and marketing platform focused on Home Equity Conversion Mortgages

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How Atlantic Avenue became the top reverse mortgage broker

Florida-based Atlantic Avenue Mortgage became the top reverse brokerage firm in the U.S. in 2025, less than four years after its founding, and it sees more room for growth in 2026.  “We just had our best month ever. We’ve done over $90 million in loan volume in Q1. We expect to certainly be at the

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Guild’s Jim Cory on Bayview deal and reverse mortgage trends

As consolidation reshapes the mortgage landscape, Bayview Asset Management’s acquisition of Guild Mortgage is emerging as a case study in how to scale without disruption, particularly in the often-misunderstood reverse mortgage space. In a conversation with HousingWire‘s Reverse Mortgage Daily, Jim Cory, managing director of reverse mortgages at Guild Mortgage and co-chair of the board

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