“Countrywide aims to dominate the reverse mortgage industry.”Steve Boland
Countrywide Managing Director for Reverse Mortgages

It’s official, Countrywide has  released their reverse mortgage program nationwide.  While they have been offering reverse mortgages to their approved brokers since early April, this is the first press release that officially announces the arrival.  The press release focuses on their Simple Equity™ program which is said to represent 1/3 of their reverse mortgage production.  To read a full copy of the press release click the link below.

Countrywide Financial rolls out reverse mortgages (MarketWatch)

Technorati tags: Reverse Mortgage, HECM, Countrywide, Simple Equity, Senior Finance