Data for the first seven months of 2006 shows reverse mortgage activity continues to be dominated by the [tag]California reverse mortgage[/tag] market. Of the top ten federal offices for [tag]HECM[/tag] processing, five are [tag]California[/tag] locations: Santa Ana, Los Angeles, Sacremento, San Francisco and Fresno. These five California [tag]HUD[/tag] offices accounted for 13,257 endorsed [tag]HECM loans[/tag], or 28% of the nationwide total of 47,285 endorsed HECM loans through July 2006.

During the sae period in 2005, these five locations accounted for 5,166 (21%) of the total 24,128 endorsed HECM loans. Here’s a complete list of HECM [tag]reverse mortgage[/tag] endorsements by location:

Home Equity Conversion Mortgage Originations by Location for Current Calendar Year

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Rank Federal Office Endorsed Loans 1 SANTA ANA 3655 2 LOS ANGELES 3652 3 SACRAMENTO 2224 4 CORAL GABLES 2213 5 SAN FRANCISCO 2165 6 FRESNO 1561 7 NEW YORK 1535 8 PHOENIX 1532 9 BOSTON 1400 10 TAMPA 1182 11 DENVER 1179 12 SAN DIEGO 1123 13 CHICAGO 1021 14 HARTFORD 959 15 PHILADELPHIA 954 16 PORTLAND 949 17 SEATTLE 947 18 BALTIMORE 926 19 ORLANDO 905 20 NEWARK 891 21 LAS VEGAS 802 22 WASH. D. C. 798 23 HOUSTON 776 24 RICHMOND 769 25 DETROIT 686 26 MINN. ST. PAUL 661 27 JACKSONVILLE 626 28 CAMDEN 623 29 DALLAS 578 30 FT. WORTH 565 31 ATLANTA 515 32 GREENSBORO 469 33 CLEVELAND 446 34 INDIANAPOLIS 414 35 GRAND RAPIDS 364 36 SAN ANTONIO 360 37 SALT LAKE CITY 359 38 ST. LOUIS 324 39 HONOLULU 319 40 MILWAUKEE 319 41 BOISE 297 42 ALBANY 272 43 MANCHESTER 249 44 COLUMBIA 245 45 PITTSBURGH 222 46 BUFFALO 220 47 LUBBOCK 219 48 ALBUQUERQUE 208 49 RENO 204 50 PROVIDENCE 201 51 KANSAS CITY 196 52 BANGOR 191 53 FLINT 185 54 BIRMINGHAM 178 55 TUCSON 174 56 TULSA 158 57 SPRINGFIELD 153 58 OMAHA 143 59 COLUMBUS 127 60 KNOXVILLE 125 61 OKLAHOMA CITY 117 62 LITTLE ROCK 116 63 DES MOINES 113 64 LOUISVILLE 112 65 WILMINGTON 110 66 CINCINNATI 106 67 NEW ORLEANS 103 68 CASPER 100 69 HELENA 96 70 SPOKANE 85 71 NASHVILLE 80 72 TOPEKA 76 73 CHARLESTON 57 74 SHREVEPORT 56 75 BURLINGTON 55 76 MEMPHIS 51 77 SIOUX FALLS 51 78 JACKSON 46 79 FARGO 22 80 ANCHORAGE 19 81 CARIBBEAN 1

Social tagging: California reverse mortgage > California Reverse Mortgages

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