Atlantic Avenue remains top dog in HECM broker report

Atlantic Avenue Mortgage remained the top broker and third-party originator of Home Equity Conversion Mortgages (HECMs) in February, according to the newest data published Tuesday by HECMWorld using data from Reverse Market Insight (RMI).

The report tracks endorsements for HECMs, the federally insured reverse mortgage product backed by the Federal Housing Administration (FHA). The rankings reflect total broker and third-party originator endorsements over a rolling 12-month period ending in February 2026.

Atlantic Avenue recorded 901 endorsements over the past 12 months, including 64 in February, far ahead of its closest competitors, according to the report.

California-based loanDepot ranked second with 448 endorsements over the trailing 12-month period, including 35 in February. loanDepot was followed by Maryland-headquartered Caliver Beach Mortgage LLC with 381 endorsements. C2 Financial Corp. (189) and West Capital Lending Inc. (153) rounded out the top five.

Among the largest monthly gains, Barrett Financial Group posted 14 endorsements in February, while Opulence Funding LLC recorded 13. Atlantic Avenue led all companies for the month with 64 endorsements, followed by loanDepot with 35 and Caliver Beach Mortgage with 30.

Carrington Mortgage Services ranked sixth with 151 endorsements over the past year, while NEXA Lending tied for ninth place with 110 endorsements.

Several traditional mortgage and banking companies also appeared on the list, including Better Mortgage, PrimeLending, Guaranteed Rate Affinity and Mutual of Omaha Mortgage, reflecting continued participation in the reverse mortgage market by mainstream lenders.

The report, sponsored by Mutual of Omaha, said the rankings account for ties when companies reported identical endorsement totals.