November 14th, 2007 |
by admin |
published in
Bank of America, Jumbo Products, Products, Reverse Mortgage
Until now, Bank of America has laid low on the reverse mortgage front ever since the acquisition of Seattle Mortgage was completed. BofA recently announced that they are expanding its consumer reverse mortgage business to the Southeast, where it’s now offering its Senior Equity Reverse Mortgage™ Suite of products.
“Our new combination of proprietary products […]
November 13th, 2007 |
by admin |
published in
Bank of America, Products, Reverse Mortgage
The Wall Street Journal has written two articles about reverse mortgages in the last week and the second discusses some of the new product offerings that have become available. The article references Lender Lead Solutions new Simple60 as well as the new LIBOR products that have recently been rolled out.
I’m out in San Diego […]
September 4th, 2007 |
by admin |
published in
Bank of America, Financial Freedom, Jumbo Products, Reverse Mortgage, Wells Fargo
An article from Investment News discusses some of the recent reverse mortgage acquisitions and why the purchases have all been made in the last six months. “It’s the right opportunity, right time given our core mission,” said Ron Cordes, chairman of AssetMark Investment Services Inc., a Pleasant Hill, Calif.-based subsidiary of Genworth. “From accumulation to distribution, […]
