Executive Remains Bullish on Long Term Prospects for Reverse Mortgage Industry

Despite an expected downturn in reverse mortgage volume for 2010, Torrey Larsen, President of Security One Lending remains very bullish on the long term prospects for the reverse mortgage industry. “I see three macro trends that I believe will create an increasing awareness and use of Reverse Mortgage products,” said Larsen. First he said that […]

Security One Lending Releases New HECM Fixed Product Without SFSA

Security One Lending (S1L) has just released its Security Saver Fixed Rate HECM with no monthly servicing fee. The purpose of the program is to meet the growing market demand for a lower cost reverse mortgage transaction and to enhance the amount of proceeds to the consumer said S1L. “Many leaders in both the reverse […]

Security One Expands Into Serving Credit Unions and Community Banks

Security One Lending (S1L) has secured the former owner of Security Reverse, based in Gig Harbor, WA. The combination of the two organizations will bring together “best of breed” origination forces, reverse mortgage banking expertise and marketing/fulfillment systems as it relates to the underserved Credit Union and Community Bank sector said S1L in a statement. […]