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HousingWire · Capital

Mutual of Omaha remains No. 1 as HECM endorsements fall 4.7% in May

Via HousingWire · June 1, 2026

Why this matters

The continued dominance of Mutual of Omaha Mortgage as the leading reverse mortgage lender, despite a 4.7% decline in Home Equity Conversion Mortgage (HECM) endorsements, highlights critical trends in the U.S. capital markets and housing finance landscape. This decline in HECM activity may signal a tightening in consumer sentiment and borrowing capacity, potentially reflecting broader economic uncertainties that could affect capital flows into real estate. For institutional investors, the contraction in HECM endorsements suggests a cooling in the senior housing sector, which has historically relied on reverse mortgages as a financial tool for aging homeowners. This trend may influence investment strategies, as the demand for senior housing could be impacted by reduced access to capital for potential buyers. Moreover, the stability of Mutual of Omaha in a declining market underscores the importance of strong brand positioning and operational efficiency in navigating challenging conditions. As lenders reassess risk and adjust their portfolios, the implications for financing conditions across the broader commercial real estate sector may become more pronounced, affecting liquidity and investment opportunities. Allocators should monitor these developments closely as they could signal shifts in market positioning and sector fundamentals.

Editorial analysis · AI-assisted

Excerpt from HousingWire:
Mutual of Omaha Mortgage remained the nation’s largest reverse mortgage lender in May, even as overall Home Equity Conversion Mortgage ( HECM ) endorsements continued to decline, according to a report released M…
Read the full article at HousingWire

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