Comments on: Need A Jumbo Reverse Mortgage? Make It A Double

By: gary

gary — Wed, 17 Sep 2008 23:38:15 +0000

what is the difference betwen wholesale and retail jumbo reverse loans?

By: AA

AA — Fri, 25 Apr 2008 20:07:33 +0000

FYI….The Gold Reverse product is not dependent on Wall Street. No need to double app.

By: GM

GM — Fri, 25 Apr 2008 15:44:57 +0000

Not sure why anyone would take two applications…. All private RM’s that have disolved in this market have been announced in advance and the companies and originators know when their cut off is to submit these for u/w and funding.

By: Morrie Shoobs.

Morrie Shoobs. — Fri, 25 Apr 2008 15:19:24 +0000

As of 4/23, my A/E said that the Cash Account has been cut off to its Indymac wholesale brokers. She stated that the Cash Account will be available to existing correpondents, but not to new correspondents. She also stated that FF will revisit the issue in 60 to 90 days to determine if they will continue to offer it.

By: cbi695

cbi695 — Fri, 25 Apr 2008 15:03:47 +0000

FF Cash Acct is dead as of 5/9.