Reverse Mortgage Daily

  • Home
  • About
  • Wholesale Lenders
  • Jobs
  • Awards
  • Advertise
  • Contact
  • Data
  • Content
  • Categories
    • Alternatives
      • EquityKey
      • REX
    • American Advisors Group
    • Chart of the Day
    • Commentary
    • Counseling
    • Data
    • Events
    • FHA
    • GNMA
    • Gov. Updates
    • International
    • Interview Series
    • Jumbo Products
    • Leads
    • Legislation
    • Lenders
    • Live Well
    • Marketing
    • MBA Reverse
    • News
    • NRMLA
    • Podcast
    • Products
      • 1st Reverse
      • Bank of America
      • Countrywide
      • Financial Freedom
      • FNMA Homekeeper
      • Generation Mortgage
      • Gold Reverse
      • Golden Gateway
      • Guardian First
      • HECM
      • JB Nutter
      • Liberty Reverse
      • Live Well Financial
      • LLS
      • MetLife
      • Quicken
      • Reverseit
      • Seattle Mortgage
      • Security One
      • Sun West
      • Virtual Bank
      • Wells Fargo
    • Rates
    • Retirement
    • Reverse Mortgage
    • Reverse Mortgage Jobs
    • Senior Housing
    • Servicers
      • Celink
      • RMS
    • Technology
      • Bay Docs
      • Mortgage Cadence
      • Reverse Vision
    • Top HECM Lenders
    • Training
    • Video
    • Warehouse Lines
  • RSS



Financial Freedom

CEO of Financial Freedom Parent Company Leaving

June 25th, 2010  |  by John  |  published in Financial Freedom, News, Reverse Mortgage

OneWest Bank Chief Executive Officer Terry Laughlin is stepping down to join Bank of America Corp., where he’ll replace mortgage executive Jack Schakett. Laughlin announced his resignation from the Pasadena, California-based OneWest on June 21 and will stay with the bank through the end of July, according to spokeswoman Diane Henry.


Fixed Rate Reverse Competition Increases, MetLife Enhances Products

June 22nd, 2010  |  by John  |  published in Financial Freedom, MetLife, News, Reverse Mortgage

The competition between reverse mortgage lenders continues with MetLife’s decision to roll out produt changes late last week. The company introduced a “HECM Fixed No Service Fee 2″, which improved pricing on their fixed rate product to compete with the 100% Mortgage Insurance Premium credit from Bank of America.


Financial Freedom Lowers HECM Fixed Rate, Enhances Product

June 3rd, 2010  |  by John  |  published in Bank of America, Financial Freedom, News, Reverse Mortgage, Sun West

Financial Freedom announced to wholesale customers that it has enhanced its HECM Fixed Rate product by offering a lender paid credit to borrower closing costs on all refinance transactions.  The new product will be available starting June 3, 2010 and was designed to maximize flexibility for loan originators and provide better tools to capture interested reverse [...]


Former Financial Freedom Chairman Joins New View Advisors

May 5th, 2010  |  by John  |  published in Financial Freedom, News, Reverse Mortgage

New View Advisors has added Jim Mahoney to its staff.  Based in New York, the company is a financial services firm advising clients on capital markets, product development, mergers and acquisitions, and asset investment strategies in the reverse mortgage industry. Prior to joining New View, Mahoney was a founding partner of Financial Freedom Senior Funding Corporation’s [...]


Financial Freedom Servicer Rating Improves

April 30th, 2010  |  by John  |  published in Financial Freedom, News, Servicers

Financial Freedom’s servicer rating has been upgraded to ‘RPS3′ from ‘RPS3-’ said a statement from Fitch Ratings. A subsidiary of One West Bank, FSB, Financial Freedom is a reverse mortgage lender headquartered in Irvine, CA and conducts its servicing operations from Austin, TX, Kalamazoo, MI and Norcross, GA. As of Dec. 31, 2009, Financial Freedom [...]


Financial Freedom Brings HECM Fixed Rate Even Lower, No Servicing Fee

April 4th, 2010  |  by John  |  published in Financial Freedom, News, Reverse Mortgage

Financial Freedom announced to correspondents on Friday that it’s rolling out the lowest fixed rate reverse mortgage product in the industry. Starting immediately, the company is offering a fixed rate HECM at 5.39% which “will save your borrowers thousands of dollars over the life of the loan” said Financial Freedom in a notice to brokers. [...]


« Previous Entries
Next Entries »


Wholesale Lender Sponsors





Sponsors






Exclusive Training Provider







RSS Reverse Mortgage Jobs

  • Retail Sales Manager
  • Reverse Mortgage Consultant
  • Reverse Mortgage Consultant
  • Reverse Mortgage Consultant
  • Reverse Mortgage Consultant
  • Reverse Mortgage Branch Manager
  • Reverse Mortgage Consultant
  • Fed Charter Now Hiring Reverse LO's Nationally

Recent Articles

  • CFPB On Reverse Mortgage Deadline, Calling on Lenders
  • Bank of America to Pay $1 Billion More in Mortgage Fraud Claims
  • New Mexico Servicing Bill Could Have Reverse Mortgage Implications
  • Top Reverse Mortgage Lenders Seek Growth, New Hires
  • Administration Announces Historic, $25 Billion Mortgage Servicing Settlement
  • Will New Ginnie Mae HMBS Issuers Step Up to the Plate?
  • House Bill Aims to Save FHA Mortgage Insurance Fund in “Crisis”

Popular Posts

  • Financial Assessment Leads to Reverse Mortgage Musical Chairs
  • Google Shuts Down Mortgage Rate Comparison Tool
  • CFPB Begins Mortgage Audits. What Can Lenders Expect?
  • Wendover Hires Former B of A, Financial Freedom Reverse Mortgage Execs
  • Ron Paul: The CFPB Will Harm Consumers


Our Sites

Long Term Care Daily

Senior Housing News

Senior Home Care News


©2012 Reverse Mortgage Daily
Powered by WordPress using the Gridline Lite theme by Graph Paper Press.