Archive for September, 2008
Reverse Mortgage Companies Accused of Shady Practices
The Boston Globe, reported that 4 mortgage brokers were recently sent cease and desist orders in violation of state law from the Massachusetts Division of Banks. The brokers/lenders were accused of using shady marketing tactics, which many seniors are prime targets. People who mistreat children and seniors will have a special place in the afterlife, [...]
Top National Reverse Mortgage Lenders Through Q3 2008
Below you will find a list of the top mortgage lenders in the US, through Q3 of 2008. I have been predicting for some time that as the economy searches for footing, reverse mortgage closings would also decline. However relative to standard mortgages the drop off has not been as drastic. Chart Courtesy of HUD. [...]
1st Metropolitan Mortgage – Net Branch opportunities
Real Estate Finance Entrpreneurs, listen up. I came across a great company that is built upon excellent management and has found shelter during the sub prime fallout. If you’re a mortgage broker or mortgage banker who has dreamed of running a business, controlling your career or achieving financial freedom, you’re in the right place. 1st [...]