Longbridge Launches Free HECM Dashboard for Brokers, Promising Real-Time ZIP-Code Market Data
Updated
Updated · HousingWire · Aug 20
Longbridge Launches Free HECM Dashboard for Brokers, Promising Real-Time ZIP-Code Market Data
1 articles · Updated · HousingWire · Aug 20
Summary
Longbridge Financial on Thursday rolled out RAMP, a free dashboard for approved broker partners that tracks Home Equity Conversion Mortgage originations and market share.
Two core functions drive the tool: it maps HECM activity by state, county and ZIP code, and breaks out broker and principal-agent volumes to show who originates and buys loans.
RAMP uses publicly available FHA data that Longbridge says it reformats into a more digestible, near-real-time view, aiming to beat the lag in public datasets and avoid paid-subscription costs.
Built in about two months, the platform lets users filter look-back periods, separate traditional HECM, purchase and refinance loans, export spreadsheets, and check sales claims or spot aggressive refinance churn.
Longbridge says the launch is meant to fill an industry "information vacuum," lower data costs and give reverse-mortgage professionals a single source of truth; it is hosting a free webinar on Aug. 20.