Who would have thought that Sir Richard Branson would want to get into the reverse mortgage business? Last week Virgin USA acquired a majority stake in Circle Lending, Inc. which is a peer to peer lending company. I posted an overview of their reverse mortgage type of product a while back that goes into more details about the program. If you would like to read a full copy of the article click the link below.
Virgin Acquires Majority Stake In Family-Centered Mortgage Company
Technorati tags: Reverse Mortgage, Circle Lending, FHA, Richard Branson
Jarred Talmadge offers thoughts about how the industry can push forward through the threat of a government shutdown.