March 2026 Newsletter

March Header

Welcome to the March edition of the Atlantic Avenue Mortgage Monthly Newsletter!

Last month, we highlighted the exciting growth of our Maryland office and the momentum we’re building in new markets. This month, we’re taking a moment to reflect on something at the core of that growth, our people.

At our 2026 Kickoff Party, we brought our team together to celebrate the successes of 2025 and recognize the individuals who continue to make an impact across AAM. It was an opportunity to highlight not just what we accomplished, but how we accomplished it; through a shared commitment to exceptional service, a culture of accountability, a drive to innovate, and leadership at every level of the organization.

Our team is the foundation of everything we do. Their dedication to supporting our clients, embracing new ideas, and consistently delivering with care is what allows us to grow while staying true to who we are.

We are incredibly grateful for the people behind AAM and proud to recognize the contributions that move us forward each day.

We hope you enjoy this month’s update!

Joseph Reter receiving the award for Top Loan Officer

Devin Beck receiving the award for Top Processor

Left to Right: Allegra Mendenhall – Chief Human Resources Officer, Alex Hess – Chief Compliance Officer, Eric Manley – CEO, Kevin Jurrius – Chief Technology Officer

Word on the Street

We’re pleased to share a recent client review that highlights what we aim to deliver in every interaction: clear guidance, responsive communication, and a steady commitment to service. Client feedback matters to us because it reflects the real experience of the individuals and families we support. Here is a review recently shared about Larry Hill’s work with a client:

“Oh my I could never say enough about how efficient and patient and all around helpful they are. They work for you! I recently completed a Reverse Mortgage process and closing with them. Amazing customer service. The person I talked with most often did exactly everything he said he would and contacted me regularly. It is rare to find that kind of person and company. The best among the best. His name is Larry Hill!”

-Leslie T.

Larry, one of our Senior Loan Officers here at AAM, had the following to say about the role he played in helping this client.

What stood out to you about this client’s situation, and how did you approach their file to ensure they felt supported throughout the process?

Leslie’s background in the industry meant she came to us well-informed and with high expectations. She had done her research and specifically sought us out based on our reputation. With that foundation in place, I focused on keeping our interactions relaxed and straightforward.

How do you maintain consistency and accuracy while managing timelines and documentation?

My approach starts at the very beginning of the process. When I take an application, I make it a priority to collect all supporting documentation upfront so nothing is left outstanding as we move forward. This keeps the process running smoothly and eliminates the back-and-forth that can cause delays and frustration. Clients notice when things move efficiently, and that attention to detail goes a long way in building confidence and trust.

What motivates you to maintain a high level of consistency in client service?

I love helping our clients. I especially love hearing their stories and knowing that what you are doing can put your client in a better position to enjoy their retirement.

 

 

Market Updates

Reverse Mortgages:

  • AAM continues to hold the number 1 spot as broker and ranked 4th across both brokers and lenders in January according to the HUD HECM Snapshot reports.

Home Buyer Information:

  • National property insurance payments have increased nearly 72% since 2019.1
    • 2025 saw a 6.6% increase in average property insurance payments, the lowest increase since COVID but still greater than pre-pandemic levels.
  • 30 year fixed rate interest rates dipped below 6% for the first time in three years to start the month but quickly rose above 6% again.
  • Home price growth slowed to the second slowest month since 2012, with prices up only 0.4% year over year.2

State of the Market:

  • Federal Funds target rate stays unchanged following the March meeting.3
    • Currently, the target range is 3.5% to 3.75%
  • The US 10 year Treasury yield has spiked from roughly 4% at the beginning of March to over 4.4% by March 25th.

 

Sources

  1. ICE Mortgage Monitor Report, March 2026, p.6
  2. ICE Mortgage Monitor Report, March 2026, p.16
  3. Federal Reserve Issues FOMC Statement, March 2026

Written on Mar 26, 2026