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Most recent items from this feed:
Reverse Mortgage News Headlines
A few reverse mortgage headlines from the week:
Reverse mortgages hold promise for seniors (Greenville news)
Foreclosure front (Metro Times)
Reverse mortgage abuse on the rise (WFMJ News)
Have a great long weekend!
Technorati Tags: Reverse Mortgage,News,HECM,FHA,HUD
08/29/2008 11:37 AM
Last Chance To Sign Up For Monte Rose Training
A few more spots are available for our training session with Monte Rose on September 2, at 11am (EST). Monte will go over his “step by step” template to creating traction in your business. All attendees will receive 3 different Productive Week game plans free for signing up.
In addition to Monte’s Productivity Training he [...]
08/29/2008 09:23 AM
Gold Reverse Suspends Jumbo Reverse Mortgage Product
Today Gold Reverse Mortgage announced that it was suspending their jumbo reverse mortgage product. According to their website, all current loans that have approvals will need to satisfy all conditions by Friday September, 12 in order to fund. In an email I received from Kurt Kingsolver, President of Gold Reverse, he said “I felt [...]
08/28/2008 04:56 PM
FDIC Will Heavily Market IndyMac In September, Who Will Buy It?
National Mortgage News is reporting that the FDIC plans to start heavily marketing IndyMac Bank as a whole unit or in pieces starting in September. "We will widely market it, and we hope to generate a lot of interest," FDIC Chairman Sheila Bair said. This comes after the FDIC announced that it expects IndyMac’s [...]
08/28/2008 01:03 PM
Countrywide Reverse Mortgage Executive Takes Reigns at Bank of America
When Bank of America completed the purchase of Countrywide in July, there was no mention of what would happen each companies reverse mortgage mortgage divisions. If you take a look at last months HECM endorsements, Countrywide was the third largest originator of HECMs and Bank of America was fifth. Together the two companies become [...]
08/27/2008 09:10 AM
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