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May 30th, 2007

You are currently browsing the articles from Reverse Mortgage and Loan News written on May 30th, 2007.

Reverse Mortgage News Round Up May 30th

reverse loan vacation

Too many good stories to comment on.. We can see that real estate centered finance news has solid footing on the web:

Written by charles dennis on May 30th, 2007 with no comments.
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Countrywide’s Simple Equity Begins Quest to Dominate

countrywide, simple equity, california reverse mortgage

Countrywide CEO Angelo Mozilo was recently on CNBC’s Mad Money with Jim Cramer explaining the beauty of the elimination of the sub prime “crooks” in the industry. In addition to eliminating competition Mozilo also went on record explaining how the current jobless brokers whose skill set should be in high demand, can find refuge at Countrywide. A new press release detailing Countrywide’s plans can be found here.

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Written by charles dennis on May 30th, 2007 with no comments.
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Georgia’s Top Reverse Mortgage Lenders

 Georgia Reverse Mortgage, Loans, Statistics and Data

Georgia’s top reverse mortgage lenders thru April 2007. Look for Financial Freedom’s lead to fall as the year goes on with Bank of America and Countrywide making noise at the party.


Top Georgia HECM Lenders HECM
Loans
2007
FINANCIAL FREEDOM SENIOR FUNDI 128
SAFEWAY MORTGAGE INC 88
AMTRUST MORTGAGE CORPORATION 68
WELLS FARGO BANK NA 50
SENIORS HOME REVERSE MORTGAGE 33
UNITY MORTGAGE CORP 25
PARK PLACE REVERSE MORTGAGE IN 15
BNY MORTGAGE COMPANY LLC 14
MORTGAGE SOUTH OF TENNESSEE 12
PACIFIC REVERSE MORTGAGE INC 7
TRANSLAND FINANCIAL SERVICES I 7
JARVIS STREET MTG AND INVESTME 7
PREFERRED LENDING GROUP 7
SEATTLE MORTGAGE COMPANY 6
OMNI HOME FINANCING INC 6
FIRST MARINER BANK 6
SHELTER MORTGAGE COMPANY LLC 5
CAPITAL MORTGAGE SERVICES 5
VERTICAL LEND INC 4
GREAT OAK MORTGAGE CORPORATION 4
NETWORK FUNDING LP 3
EMPIRE EQUITY GROUP INC 3
INNOVATIVE MORTGAGE SOLUTIONS 2
RESIDENTIAL FINANCE CORPORATIO 2
AMERICAN MORTGAGE PROFESSIONAL 1

Written by charles dennis on May 30th, 2007 with no comments.
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