Archive for November, 2007
For mortgages in reverse, it’s a new chapter
For mortgages in reverse, it’s a new chapter,
One part of the mortgage market is hot: reverse mortgages. And that’s giving older homeowners more options to tap the equity in their homes - but also is opening the door to more confusion and mistakes.
Only a year ago, homeowners interested in reverse mortgages had little to choose [...]
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 expand, having [...]