Generation Mortgage Company announced that they have acquired Amston Mortgage Company. AMC is headquartered in Moodus, CT and is the 14th largest reverse mortgage provider in the US. “Amston’s customer service-oriented culture fits perfectly with that of Generation,” said Joe Morris, President of Generation Mortgage Company. “Our shared commitment to our […]

Today, Generation Mortgage Company announced the introduction of their Generation Plus(TM) jumbo reverse mortgage program. This program differs slightly from the other jumbo programs in the market by lowering the margin to 3.125% instead of the standard 3.5%. However, the margin is based off of the 1-Month Libor instead of the 6-Month […]