Five lenders have accounted for nearly one-half of the total HECM loans endorsed through the first seven months of 2006. Wells Fargo Bank is by far the largest HECM lender accounting for over 30% of the 47,258 endorsed loans.

The number of HECM loans endorsed through July represents a stunning 96% increase over the number of loans endorsed during the same period in 2005 (24,128). A list of the top 100 HECM originators through July 2006 follows:

Top Home Equity Conversion Mortgage Lenders for Current Year

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Rank Lender Endorsed Loans 1 WELLS FARGO BANK NA 14578 2 FINANCIAL FREEDOM SENIOR FUNDI 4533 3 SEATTLE MORTGAGE COMPANY 1863 4 LIBERTY REVERSE MORTGAGE INC 1238 5 BNY MORTGAGE COMPANY LLC 1035 6 AMERICAN REVERSE MORTGAGE CORP 818 7 HOME CENTER MORTGAGE 581 8 PACIFIC REVERSE MORTGAGE INC 566 9 LIBERTYSTREET FINANCIAL GROUP 519 10 ACADEMY MORTGAGE LLC 517 11 FIRST MARINER BANK 492 12 CIRCLE MORTGAGE CORPORATION 385 13 REVERSE MORTGAGES OF CA IN 361 14 NEW HORIZONS REVERSE MORTGAGE 360 15 MERIT FINANCIAL INC 346 16 GRIFFIN FINANCIAL MORTGAGE LLC 327 17 AMSTON MORTGAGE 323 18 AAA REVERSE MORTGAGE OF TEXAS 281 19 SUN AMERICAN MORTGAGE CO 277 20 CALIFORNIA REVERSE MORTGAGE CO 273 21 VERTICAL LEND INC 265 22 URBAN FINANCIAL GROUP 258 23 SENIOR FUNDING ASSOCIATES 251 24 SENIOR FREEDOM CORP 237 25 CARTERET MORTGAGE CORPORATION 235 26 U.S. FINANCIAL MORTGAGE CORPOR 234 27 AMERICAN MORTGAGE PROFESSIONAL 234 28 WWMF INC 231 29 M AND T MORTGAGE CORPORATION 229 30 SEMINOLE FUNDING INC 214 31 SENIORS FIRST MORTGAGE COMPANY 209 32 FIFTH THIRD BANK 207 33 LOAN LINK FINANCIAL SERVICES 203 34 WEBSTER BANK 202 35 MOUNTAIN PACIFIC MORTGAGE CO 198 36 GATEWAY FUNDING DIVERSIFIED MT 181 37 REVERSE MORTGAGE LENDING INC 170 38 ALLIED HOME MORTGAGE CAPITAL C 154 39 HOMESTAR MORTGAGE INC 154 40 UNIVERSAL LENDING CORPORATION 148 41 SENIORS EQUITY INCOME INC 145 42 AMERICAN SENIOR FUNDING CORPOR 142 43 CLARION MORTGAGE CAPITAL INC 141 44 SENIORS REVERSE MORTGAGE 138 45 WSB MORTGAGE SERVICES INC 137 46 FARWEST MORTGAGE BANKERS INC 132 47 FIRST FINANCIAL MORTGAGE CORP 127 48 SAFEWAY MORTGAGE INC 127 49 INDYMAC BANK FSB 124 50 GSF MORTGAGE CORPORATION 123 51 SUN VALLEY FINANCIAL OF UTAH I 118 52 EVERBANK 118 53 CONTINENTAL FUNDING CORP 118 54 FAST TRACK FUNDING CORP 116 55 VALUE FINANCIAL MORTGAGE SERVI 116 56 ADVENT MORTGAGE CO INC 112 57 CALIFORNIA FUNDING CORP 108 58 HURST FINANCIAL CORP 106 59 TRANSLAND FINANCIAL SERVICES I 106 60 NETWORK FUNDING LP 104 61 FIRST MAGNUS FINANCIAL CORP 104 62 RBC CENTURA BANK 104 63 CARROLLTON MORTGAGE CO 102 64 RESIDENTIAL LOAN CENTERS OF AM 102 65 SCME MORTGAGE BANKERS INC 96 66 GMAC MORTGAGE CORPORATION 95 67 FIRST ALLIANCE MORTGAGE CO 95 68 ACCESS REVERSE MORTGAGE CORPOR 93 69 AMERICA’S MORTGAGE BROKER LLC 92 70 AMSTAR MORTGAGE CORPORATION 91 71 HARVARD HOME MORTGAGE INC 90 72 AGENCY FOR CONSUMER EQUITY MOR 89 73 FIRST MIDWEST BANK 88 74 AIG FEDERAL SAVINGS BANK 88 75 OMNI HOME FINANCING INC 86 76 NETWORK SOURCE FUNDING INC 86 77 TRAVIS MORTGAGE LLC 85 78 FEDERAL MORTGAGE AND INVESTMEN 84 79 MONTGOMERY MORTGAGE INC 80 80 RELIANCE MORTGAGE CO 80 81 FIRST NATIONS HOME FINANCE COR 80 82 FIRST CALIFORNIA FUNDING GROUP 80 83 ALL AMERICA REVERSE MORTGAGE L 79 84 E-LOANSTOGO.COM 78 85 SIDUS FINANCIAL LLC 77 86 SEQUOIA MORTGAGE CAPITAL INC 75 87 UNITED PACIFIC MORTGAGE 75 88 OCEANFIRST BANK 74 89 THIRD COMMUNITY MORTGAGE CORP 73 90 SENIOR AMERICAN FUNDING INC 73 91 SENIOR FINANCE CENTER 72 92 EMPIRE EQUITY GROUP INC 72 93 FAIRWAY MORTGAGE INC 71 94 COMMUNITY HOME EQU CONV CORP 70 95 CAMPBELL FINANCIAL SERVICES 70 96 CAMBRIDGE HOME CAPITAL LLC 69 97 CARDINAL FINANCIAL COMPANY 68 98 ARGENT FINANCIAL INC 65 99 AMERICAN PACIFIC MORTGAGE 65 100 CENTURION MORTGAGE CORPORATION 65

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