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Financial Freedom

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CIT Closes Financial Freedom Sale, Exits Reverse Mortgage Market

Jun 05, 2018By

The CIT Group (NYSE: CIT) this week announced the completion of its exit from the reverse mortgage industry. The financial services company closed on the sale of its Financial Freedom servicing arm and loan portfolio, CIT announced Monday. The deal was first disclosed in October, with an unnamed buyer and purchase price; the portfolio itself […]