Reverse Mortgage Data: New York 2008 (Jan-June)
The reverse mortgage market is on fire, and no where is that more apparent than in New York state. Below you will find a list of the top originating lenders for the first half of the year. (Source: HUDUSER.org)
| Top New York HECM Lenders | HECM Loans 2008 |
|---|---|
| WELLS FARGO BANK NA | 239 |
| M AND T BANK | 191 |
| WORLD ALLIANCE FINANCIAL CORP | 140 |
| FINANCIAL FREEDOM SENIOR FUNDI | 107 |
| EVERBANK REVERSE MORTGAGE LLC | 92 |
| UPSTATE CAPITAL INC | 87 |
| RESIDENTIAL EQUITY FUNDING COR | 72 |
| BEST INTEREST MORTGAGE CORP | 42 |
| COMMUNITY HOME EQU CONV CORP | 41 |
| FAST TRACK FUNDING CORP | 37 |
| AGENCY FOR CONSUMER EQUITY MOR | 36 |
| CAMBRIDGE HOME CAPITAL LLC | 30 |
| COUNTRYWIDE BANK FSB | 30 |
| UNITED MORTGAGE CORP | 28 |
| SOMERSET INVESTORS CORP | 24 |
| FIRST MARINER BANK | 22 |
| ALBANY MORTGAGE GROUP INC | 22 |
| GUARDIAN FIRST FUNDING GROUP L | 21 |
| USA FINANCIAL RESOURCES INC | 18 |
| IDEAL MORTGAGE BANKERS | 13 |
| PACIFIC REVERSE MORTGAGE INC | 13 |
| MCS MORTGAGE BANKERS INC | 12 |
| UNITED NORTHERN MORTGAGE BANKE | 12 |
| ADVANCED FUNDING SOLUTIONS INC | 11 |
| CONTINENTAL HOME LOANS INC | 10 |
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