New View Advisors is pleased to provide the latest edition of its new index product, the Proprietary Reverse Mortgage Production Index. The index is a quarterly index of the dollar amount of newly originated proprietary reverse mortgage loans in the United States.
We estimate Proprietary Reverse Mortgage Production for Q2 2026 at $1.2 billion, and 1st Half 2026 production at just under $2.2 billion. Proprietary reverse mortgage production totaled approximately $1.5 billion in the 1st half of 2025.
Meanwhile, new FHA insured reverse mortgage production (the Home Equity Conversion Mortgage, or “HECM”), posted only about $1.8 billion in the first half, and about $950 million the second quarter of 2026.
Proprietary reverse mortgages are driving reverse mortgage growth. In our previous blog we analyzed the HMDA data and discussed this trend in detail. With the recent surge in proprietary origination (accompanied by successful securitizations), the proprietary share grew to 54% for the 1st half of 2026.
Rising interest rates may challenge the reverse mortgage industry in the second half, but proprietary loans could still propel reverse mortgage industry totals to between $7 billion and $8 billion in 2026, even without growth in the HECM sector.
New View Advisors constructed this index from public and private sources. Public data includes publicly available financial statements, rating agency reports, and other reports relating to securitization of proprietary reverse mortgages in the United States.