Number of HECMs in the U.S. 2005-2023

Published by Statista Research Department, Sep 27, 2024

Home equity conversion mortgages (HECM) are a federally insured reverse mortgages which allow homeowners in the United States to withdraw some of the equity in the home that they own. In the financial year ending in September 2024, approximately 20,000 HECMs were granted. Wells Fargo was the leading reverse mortgage provider of all times as of 2024.

Number of home equity conversion mortgages (HECM) in the United States from 2005 to 2023

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

September 2024

Region

United States

Survey time period

2005 to 2024

Supplementary notes

The data came from the U.S. Department of Housing and Urban Development, who provide data by federal fiscal year (each federal fiscal year begins October 1 and runs through September 30 of the following year.


Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Mortgage industry of the United States "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Mortgage industry of the United States

Macroeconomic data

6

Housing market

8

Mortgage industry

6

Mortgage debt

6

Mortgage rates and originations

6

Further related statistics

16

Further Content: You might find this interesting as well

Statistics

Topics

Mortgage industry in the U.S.Housing market in the U.S.Millennials homeownership in the U.S.Rental market in the U.S.U.S. home buying process
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.