Nation’s 10 Largest HECM States

Below is a top 10 ranking of HECM activity by state from January through August 1, 2010.

State Rank Loans Issued Year over Year % Change Market Share
California 1 6,664 -39.00% 13.80%
Florida 2 4,257 -56.60% 8.80%
Texas 3 3,929 -21.30% 8.10%
New York 4 2,750 -37.40% 5.70%
Maryland 5 2,107 -27.60% 4.40%
New Jersey 6 1,916 -30.10% 4.00%
Virginia 7 1,878 -32.80% 3.90%
Pennsylvania 8 1,833 -26.00% 3.80%
Illinois 9 1,668 -42.60% 3.50%
Washington 10 1,360 -37.50% 2.80%

Source: Reverse Market Insight

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