Archive for November, 2007
Liberty Reverse Mortgage Releases Proprietary Jumbo Loan
Liberty Reverse Mortgage Releases Proprietary Jumbo Loan, Liberty Reverse Mortgage announced today the release of its first proprietary Reverse Mortgage product. The Liberty Preferred(TM) loan gives Reverse Mortgage originators the opportunity to provide their clients a jumbo alternative that can be used for home purchase and higher home values. “As our wholesale business continues to [...]
Australia: Brakes on reverse mortgages
Australia: Brakes on reverse mortgages, Although the reverse mortgage market grew strongly in recent years, a new Datamonitor report has shown signs that the sector is slowing down. The Reverse Mortgages in Australia and New Zealand 2007 report found reverse mortgage advances increased by $385 million over two years, representing more than $624 million in [...]
Finally a reverse mortgage for younger boomers
Finally a reverse mortgage for younger boomers, Lower age requirement and closing costs are key draws Sixty-two, 61, 60 — The age requirements for one reverse mortgage product just got “younger.” Melville, N.Y.-based Lender Lead Solutions recently introduced Simple60, a new reverse mortgage product available to homeowners aged 60 and older. Reverse mortgages offered to [...]